SPARC AI Inc. Announces Closing of Final Tranche of Brokered LIFE Financing for $1.12 Million


VANCOUVER, British Columbia, June 08, 2026 (GLOBE NEWSWIRE) — SPARC AI Inc. (the “Company”) (CSE: SPAI) (FRANKFURT: 5OV0) is pleased to announce that it has completed the second and final tranche of its previously announced brokered private placement for gross proceeds of $1,122,199.75 (the “Offering”), consisting of the issuance of 264,047 units of the Company (“Units”) at a price of $4.25 per Unit, to existing supporting shareholders. The Offering was conducted on a commercially reasonable “best efforts” basis by A.G.P. Canada Investments ULC, acting as sole agent and sole bookrunner for the Offering and A.G.P./Alliance Global Partners acting as sole U.S. placement agent for the Offering.



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