GridAI Technologies raises $8.5M in private placement of common stock and warrants

GridAI Technologies Corp.

Sold 108,932 shares, pre-funded warrants for 1,742,991 shares, and common warrants for 1,851,923 shares at $4.59 per unit.
Gross proceeds ~$8.5M; 5% at closing, 95% upon SEC registration effectiveness.
Pre-funded warrants exercisable at $0.0001, no expiration; common warrants at $4.47, expire 5 years after registration effective.
Net proceeds for general corporate purposes, including acquisitions, debt repayment, and working capital.
Closing on July 7, 2026; registration rights agreement to file resale registration within 15 days after closing.

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