15:42:19 EDT Sat 25 Oct 2025
Enter Symbol
or Name
USA
CA



Futr Corp (The)
Symbol FTRC
Shares Issued 122,958,365
Close 2025-10-24 C$ 0.295
Market Cap C$ 36,272,718
Recent Sedar Documents

Futr closes additional 1.5 million units for $450,000

2025-10-24 16:31 ET - News Release

Mr. Jason Ewart reports

FUTR ANNOUNCES 1.5 MILLION UNIT ADD-ON FINANCING AND ENGAGEMENT OF IC PARTNERS

The Futr Corp. has closed an additional 1.5 million units for gross proceeds of $450,000 on top of its previously announced $6-million non-brokered private placement bringing the total private placement amount to $6.45-million at 30 cents per unit.

Each unit is priced at 30 cents per unit, and consists of one common share and one-half warrant. Each warrant is exercisable to acquire one common share at a price of 45 cents until Dec. 31, 2027, unless the stock trades at $2.20 per share on a volume-weighted average price basis over a 10-day period at which point the board may determine to accelerate the expiration date of the warrants to 30 days following a press release announcing such.

Net proceeds of the offering will be used for general working capital and growth initiatives, including potential acquisitions.

The company would also like to announce that it has engaged the services of ICP Securities Inc. to provide automated market-making services, including use of its proprietary algorithm, ICP Premium, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of $7,500, plus applicable taxes. The agreement between the company and ICP was signed with a start date of Oct. 24, 2025, is for four months and shall be automatically renewed for subsequent one-month terms unless either party provides at least 30 days written notice prior to the end of the initial term or an additional term, as applicable. There are no performance factors contained in the agreement and no stock options or other compensation in connection with the engagement. ICP and its clients may acquire an interest in the securities of the company in the future.

ICP is an arm's-length party to the company. ICP's market-making activity will be primarily to correct temporary imbalances in the supply and demand of the company's shares. ICP will be responsible for the costs it incurs in buying and selling the company's shares, and no third party will be providing funds or securities for the market-making activities.

The units of the non-brokered private placement were offered by way of private placement pursuant to exemptions from prospectus requirements under applicable securities laws. All securities issued are subject to a four-month hold period until Feb. 24, 2026, in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The offering is subject to TSX Venture Exchange acceptance of regulatory filings.

The company paid to eligible persons a cash finder's fee of 7 per cent of units placed in the amount of $31,500 and finders' warrants of 105,000 equal to 7 per cent of certain eligible units sold under the offering. Each finder's warrant is exercisable to acquire one unit of the company until Sept. 30, 2027, at an exercise price of 30 cents per unit subject to an acceleration provision.

About The Futr Corp.

Futr's AI agent app is focused on putting money back in consumer's wallets through a unique data monetization rewards system and personalized offers, as well as agent-driven smart payment management. The Futr AI agent app will allow enterprises to get rewarded for contributing consented consumer data to the agent and also allow brands to leverage these data to improve personalization and customer acquisition.

We seek Safe Harbor.

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