ThreeD Capital Inc. Issues Early Warning Report in Connection with the Disposition of Securities of AI/ML Innovations Inc.


Immediately prior to the Dispositions, ThreeD and the Joint Actor owned and controlled an aggregate of 48,744,200 common shares, and 48,555,000 common share purchase warrants of the Company that are exercisable within the ensuing 60 days (the “Existing Warrants”), and convertible debentures entitling the holder thereof to acquire 15,000,000 common shares and 15,000,000 common share purchase warrants. The holdings of ThreeD and the Joint Actor represent approximately 16.7% of all issued and outstanding common shares of AIML (or approximately 34.4% on a partially diluted basis, assuming exercise of such Existing Warrants and convertible debentures held). Of this total, (i) ThreeD held an aggregate of 27,899,200 common shares and 21,500,000 Existing Warrants, and convertible debentures entitling ThreeD to acquire 10,000,000 common shares and 10,000,000 common share purchase warrants, representing approximately 9.6% of the issued and outstanding common shares of AIML (or approximately 20.9% on a partially diluted basis, assuming exercise of the Existing Warrants and convertible debentures held); and (ii) the Joint Actor held an aggregate of 20,845,000 common shares, and 27,055,000 Existing Warrants, and convertible debentures entitling the Joint Actor to acquire 5,000,000 common shares and 5,000,000 common share purchase warrants, representing approximately 7.2% of the issued and outstanding common shares of AIML (or approximately 17.6% on a partially diluted basis, assuming exercise of the Existing Warrants and convertible debentures held).



Source link

  • Related Posts

    AGF Management Limited to Release Third Quarter 2026 Financial Results on September 23, 2026

    AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally…

    Argentina’s Milei escalates Falklands dispute, seizing on Trump comments and oil tensions

    BUENOS AIRES, Argentina (AP) — Argentine President Javier Milei escalated his country’s dispute with Britain over the Falkland Islands on Thursday, vowing new measures to halt an oil project near…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Sheriff’s office looking to ID young girl, man found dead in same area in separate incidents

    Sheriff’s office looking to ID young girl, man found dead in same area in separate incidents

    Tesla’s Make-or-Break Cybercab Had a Quiet Debut

    Tesla’s Make-or-Break Cybercab Had a Quiet Debut

    Microsoft announces cap on Xbox Cloud Gaming hours for Game Pass subscribers, admits most aren’t using it much anyway

    Microsoft announces cap on Xbox Cloud Gaming hours for Game Pass subscribers, admits most aren’t using it much anyway

    Parliamentary Secretary Damoff to travel to Costa Rica

    Parliamentary Secretary Damoff to travel to Costa Rica

    AGF Management Limited to Release Third Quarter 2026 Financial Results on September 23, 2026

    Startup ARR is less secure than ever, new research shows

    Startup ARR is less secure than ever, new research shows