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Relief AI Inc. announces an updated brokered private placement of subscription receipts, aiming to raise $5,000,000 with the lead agent Ventum Financial Corp.
PRIVATEJul 30, 2026•10 days ago
Amount Raised
$5 Million
Round Type
Post-IPO Equity
TorontoArtificial IntelligenceMachine Learning
Description
Relief AI Inc. has updated the terms for its brokered private placement, now offering subscription receipts at $1.00 each for minimum gross proceeds of $5,000,000. Ventum Financial Corp. has been appointed as the lead agent for this financing round
Company Information
Company
Relief AI
Location
Toronto, Ontario, Canada
About
Relief AI Inc. is a company focused on innovative artificial intelligence solutions. It aims to enhance operational efficiencies through advanced technology applications. The company is involved in the brokered private placement of subscription receipts to fund its product development and corporate objectives. As part of a strategic transaction, Relief AI is amalgamating with 1329308 B.C. Ltd.
TorontoArtificial IntelligenceMachine Learning