Financing ·
GridAI Technologies Corp. entered into a securities purchase agreement on July 1, 2026, to sell 664,598 shares of…
GRDXGridAI Technologies Corp.
GridAI Technologies Corp. entered into a securities purchase agreement on July 1, 2026, to sell 664,598 shares of common stock, pre-funded warrants to purchase 1,187,325 shares, and common warrants to purchase 1,851,923 shares for gross proceeds of approximately $8,500,000. The combined purchase price per unit is $4.59. The company intends to use the net proceeds for general corporate purposes, including acquisitions, debt repayment, and working capital. GridAI Technologies Corp. operates in the technology sector and provides AI-driven grid management solutions.