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Equity financing

Light AI Announces Closing of C$5,000,000 Secured Convertible Debenture Unit Financing

Lane
Equity financing
Announced
19 Jun 2026
Province
British Columbia
Industry
Technology
Status
Announced
What the filing says
Light AI Inc. (" Light AI " or the " Company ") (CBOE CA: ALGO) (FSE: OHC) (OTCQB: OHCFF), a digital healthcare technology company focused on developing artificial intelligence (" AI ") health diagnostic solutions, is pleased to announce that it has completed its previously announced private placement of secured convertible debenture units of the Company (the " Units ") at $1,000 per Unit for aggregate gross proceeds of $5,000,000 (the " Financing ") pursuant to an investment agreement (the " Investment Agreement ") with MV Capital LP (the " Investor ").
Terms stated
conversion price, exercise price, maturity term, price per security
Releases (2)
  • 21 May 2026 — Light AI Announces C$5,000,000 Secured Convertible Debenture Unit Financing
  • 19 Jun 2026 — Light AI Announces Closing of C$5,000,000 Secured Convertible Debenture Unit Financing
Source

The terms are in the subscriber edition

This transaction carries 4 stated terms, with the value, unit and basis of each and the consideration.

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Compiled from public filings, court documents, exchange bulletins and issuer releases. Figures are as disclosed and are not independently verified.

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