Spetz Inc. (CSE:SPTZ, OTC:DBKSF) has completed the third and final tranche of its non-brokered private placement, raising $398,453 through the issuance of 796,906 units at $0.50 per unit. Each unit consists of one common share and half a warrant, with each whole warrant exercisable at $0.75 for 24 months. Combined with previous tranches that raised $8,104,308.50, the total private placement generated aggregate gross proceeds of $8,502,761.50. The company plans to use the net proceeds for working capital, validator expansion, and blockchain infrastructure growth initiatives. The third tranche included $6,507.18 in cash commissions and 10,014 finder's warrants to securities dealers. All securities from the third tranche have a four-month hold period ending October 21, 2025.
Spetz Inc. (CSE:SPTZ, OTC:DBKSF) ha completato la terza e ultima tranche della sua collocazione privata non intermediata, raccogliendo 398.453 dollari attraverso l'emissione di 796.906 unit脿 al prezzo di 0,50 dollari ciascuna. Ogni unit脿 猫 composta da un'azione ordinaria e mezza warrant, con ogni warrant intero esercitabile a 0,75 dollari per 24 mesi. Sommate alle tranche precedenti che hanno raccolto 8.104.308,50 dollari, la collocazione privata ha generato un ricavo lordo complessivo di 8.502.761,50 dollari. La societ脿 prevede di utilizzare i proventi netti per il capitale circolante, l'espansione dei validatori e iniziative di crescita dell'infrastruttura blockchain. La terza tranche ha incluso commissioni in contanti per 6.507,18 dollari e 10.014 warrant di ricerca per i dealer di titoli. Tutti i titoli della terza tranche sono soggetti a un periodo di blocco di quattro mesi che termina il 21 ottobre 2025.
Spetz Inc. (CSE:SPTZ, OTC:DBKSF) ha completado la tercera y 煤ltima tanda de su colocaci贸n privada sin intermediarios, recaudando 398,453 d贸lares mediante la emisi贸n de 796,906 unidades a 0.50 d贸lares por unidad. Cada unidad consta de una acci贸n com煤n y media garant铆a, con cada garant铆a completa ejercitable a 0.75 d贸lares durante 24 meses. Sumado a las tandas anteriores que recaudaron 8,104,308.50 d贸lares, la colocaci贸n privada gener贸 ingresos brutos totales de 8,502,761.50 d贸lares. La compa帽铆a planea utilizar los ingresos netos para capital de trabajo, expansi贸n de validadores e iniciativas de crecimiento de infraestructura blockchain. La tercera tanda incluy贸 comisiones en efectivo por 6,507.18 d贸lares y 10,014 garant铆as de b煤squeda para los corredores de valores. Todos los valores de la tercera tanda tienen un per铆odo de retenci贸n de cuatro meses que finaliza el 21 de octubre de 2025.
Spetz Inc. (CSE:SPTZ, OTC:DBKSF) a finalis茅 la troisi猫me et derni猫re tranche de son placement priv茅 sans interm茅diaire, levant 398 453 $ gr芒ce 脿 l'茅mission de 796 906 unit茅s au prix de 0,50 $ l'unit茅. Chaque unit茅 comprend une action ordinaire et une demi-warrant, chaque warrant entier 茅tant exer莽able 脿 0,75 $ pendant 24 mois. Combin茅 aux tranches pr茅c茅dentes qui ont lev茅 8 104 308,50 $, le placement priv茅 a g茅n茅r茅 un produit brut total de 8 502 761,50 $. La soci茅t茅 pr茅voit d'utiliser les produits nets pour le fonds de roulement, l'expansion des validateurs et les initiatives de d茅veloppement de l'infrastructure blockchain. La troisi猫me tranche comprenait des commissions en esp猫ces de 6 507,18 $ et 10 014 warrants de recherche pour les courtiers en valeurs mobili猫res. Tous les titres de la troisi猫me tranche sont soumis 脿 une p茅riode de blocage de quatre mois se terminant le 21 octobre 2025.
Spetz Inc. (CSE:SPTZ, OTC:DBKSF) hat die dritte und letzte Tranche seiner nicht vermittelten Privatplatzierung abgeschlossen und dabei 398.453 US-Dollar durch die Ausgabe von 796.906 Einheiten zu je 0,50 US-Dollar eingenommen. Jede Einheit besteht aus einer Stammaktie und einem halben Bezugsrecht, wobei jedes volle Bezugsrecht f眉r 24 Monate zu 0,75 US-Dollar ausge眉bt werden kann. Zusammen mit den vorherigen Tranchen, die 8.104.308,50 US-Dollar einbrachten, erzielte die Privatplatzierung Gesamterl枚se von 8.502.761,50 US-Dollar. Das Unternehmen plant, die Nettoerl枚se f眉r das Betriebskapital, die Erweiterung der Validatoren und Initiativen zum Ausbau der Blockchain-Infrastruktur zu verwenden. Die dritte Tranche beinhaltete Baraussch眉ttungen in H枚he von 6.507,18 US-Dollar sowie 10.014 Finder-Warrants f眉r Wertpapierh盲ndler. Alle Wertpapiere der dritten Tranche unterliegen einer viermonatigen Haltefrist, die am 21. Oktober 2025 endet.
Positive
Successfully raised significant capital of $8.5 million through private placement
Funds allocated for blockchain infrastructure growth and validator expansion
Strong investor interest demonstrated through full subscription of placement
Negative
Potential dilution for existing shareholders due to issuance of new shares and warrants
Additional dilution possible if warrants are exercised at $0.75 within 24 months
TORONTO, ON / / June 20, 2025 / SPETZ INC. (the "Company" or "Spetz") (CSE:SPTZ)(OTC PINK:DBKSF) is pleased to announce that it has held earlier today the closing of the third and final tranche (the "Third Tranche") of its previously announced non-brokered private placement (the "Private Placement") at which it issued 796,906 units (the "Units") at a price of $0.50 per Unit, for gross proceeds of $398,453. Each of the Units is comprised of one common share and one-half of a common share purchase warrant (the "Warrants") of Spetz. Each whole Warrant entitles its holder to acquire one additional common share of Spetz at a price of $0.75 for a period of 24 months from the closing date.
As previously announced, the Company issued 16,208,617 Units for gross proceeds of $8,104,308.50 on May 28, 2025 and June 18, 2025, respectively. In aggregate, the Company issued under the Private Placement 17,005,523 Units for aggregate gross proceeds of $8,502,761.50. The net proceeds from the Private Placement will be used for general working capital purposes, validator expansion, and growth initiatives within the blockchain infrastructure sector.
In connection with the Third Tranche, the Company paid cash commissions to two (2) securities dealers in an aggregate amount of $6 507.18. In addition, the Company granted non-transferable finders' warrants (the "Finder's Warrants") to two (2) securities dealers entitling them to acquire up to an aggregate of 10,014 additional common shares of Spetz at a price of $0.75 per share for a period of 24 months from the closing date.
All of the foregoing securities issued under the Third Tranche are subject to a hold period of four months and day expiring on October 21, 2025.
About Spetz Inc. (dba SonicStrategy) Spetz Inc. (dba SonicStrategy) (CSE:SPTZ)(OTC PINK:DBKSF) is the parent company of SonicStrategy Inc., a public-market gateway to the Sonic blockchain ecosystem. Spetz provides investors with compliant exposure to staking infrastructure and DeFi strategies across the Sonic network.
NEITHER THE CANADIAN SECURITIES EXCHANGE, NOR THEIR REGULATION SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Cautionary Note Regarding Forward-looking Statements Certain information herein constitutes "forward-looking information" under Canadian securities laws, reflecting management's expectations regarding objectives, plans, strategies, future growth, results of operations, and business prospects of the Company. Words such as "may", "plans," "expects," "intends," "anticipates," "believes," and similar expressions identify forward-looking statements, which are qualified by the inherent risks and uncertainties surrounding future expectations.
Forward-looking statements are based on a number of estimates and assumptions that, while considered reasonable by management, are subject to business, economic, and competitive uncertainties and contingencies. The Company cautions readers not to place undue reliance on these statements, as forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from projected outcomes. Factors influencing these outcomes include economic conditions, regulatory developments, competition, capital availability, and business execution risks. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur.
The forward-looking information contained in this press release represents Spetz's expectations as of the date of this release and is subject to change. Spetz does not undertake any obligation to update forward-looking statements, except as required by law.
This press release does not constitute an offer to sell or the solicitation of an offer to buy, and shall not constitute an offer, solicitation or sale in any state, province, territory or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state, province, territory or jurisdiction. None of the securities issued in the Private Placement will be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act.
We seek Safe Harbor.
SOURCE: Spetz Inc
View the original on ACCESS Newswire
FAQ
How much did Spetz (DBKSF) raise in its private placement?
Spetz raised total gross proceeds of $8,502,761.50 through three tranches of its private placement, with the final tranche contributing $398,453.
What is the exercise price and term for Spetz's private placement warrants?
The warrants have an exercise price of $0.75 per share and can be exercised for a period of 24 months from the closing date.
How will Spetz use the proceeds from the private placement?
The net proceeds will be used for general working capital purposes, validator expansion, and growth initiatives within the blockchain infrastructure sector.
What is the hold period for securities issued in Spetz's third tranche?
Securities issued in the third tranche are subject to a hold period of four months and one day, expiring on October 21, 2025.
What was the price per unit in Spetz's private placement?
The units were priced at $0.50 each, with each unit consisting of one common share and one-half of a common share purchase warrant.
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