American Aires (TSE:WIFI) has released an update.
American Aires Inc. has announced the amendment of its offering document, detailing a private placement effort led by Eight Capital to raise up to $3,000,100 through the sale of units priced at $0.95 each. The first tranche has already secured $2,749,775, with another expected soon, subject to regulatory approvals. These funds are earmarked for marketing, working capital, and general corporate purposes, with potential additional proceeds if an agent’s option is fully exercised.
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