Ms. Alice Cherrington reports
INTELLISTAKE TECHNOLOGIES CORP. ANNOUNCES PRIVATE PLACEMENT
Intellistake Technologies Corp. intends to undertake a non-brokered private placement of up to 511,810 Class A shares at a price of $2.54 per share to raise gross proceeds of up to $1.3-million.
The net proceeds of the offering will be used for development of AI (artificial intelligence) agents, acquisitions of validator hardware, acquisitions of digital currencies, research and development, marketing, investor relations expenditures, working capital requirements, and other general corporate purposes.
There will be no insider participation in the offering. The securities issued pursuant to the offering will be subject to a hold period expiring four months and one day after closing of the offering.
About Intellistake Technologies Corp.
Intellistake Technologies is developing software solutions that leverage decentralized AI infrastructure to deliver enterprise-grade intelligence. Through validator operations, strategic token participation and the development of enterprise AI agents, Intellistake seeks to bridge the gap between emerging decentralized networks and real-world industry adoption.
We seek Safe Harbor.
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