Carbeeza Inc. Announces Private Placement Financing

Rhea-AI Summary

Carbeeza (OTCQB:CRBAF) announced plans for a non-brokered private placement offering to raise up to $500,000 in gross proceeds. The company will issue up to 10 million common shares priced at $0.05 per share.

The shares will be subject to a four-month and one-day statutory hold period. The offering requires TSX Venture Exchange approval, and proceeds will be used for working capital and general corporate purposes.

Positive

• Potential to raise up to $500,000 to strengthen working capital
• Strategic financing to support general corporate operations

Negative

• Significant dilution with 10 million new shares being issued
• Low share price of $0.05 indicates potential financial distress

CALGARY, AB / ACCESS Newswire / August 27, 2025 / Carbeeza Inc. ("Carbeeza" or the "Company") (TSXV:AUTO)(OTCQB:CRBAF) today announced that it intends to complete a non-brokered private placement of up to 10,000,000 common shares (each, a "Share") at a price of $0.05 per Share for gross proceeds of up to $500,000 (the "Offering").

All Shares issued in connection with the Offering will be subject to a statutory hold period of four months and one day. Completion of the Offering is subject to a number of conditions, including without limitation, receipt of TSX Venture Exchange approval. The Company intends to use the net proceeds from the Offering for working capital and general corporate purposes.

This press release does not constitute an offer of securities for sale in the United States or to "U.S. persons", as such term is defined in Regulation S promulgated under the United States Securities Act of 1933, as amended, (the "U.S. Securities Act"). The securities being offered have not been, nor will be, registered under the U.S. Securities Act or any state securities laws, and may not be offered or sold in the United States or to U.S. persons absent registration or an applicable exemption from such registration requirements.

About Carbeeza Inc.

Carbeeza is a Canadian-based software company whose platform is targeted to the automotive marketplace. It is the first application to harness the power of Artificial Intelligence to accurately predict the best financing scenario for consumers, all while keeping the consumer anonymous. Using state-of-the-art technology, Carbeeza brings the process of buying a car right to the phone, tailor-made for the consumer. Carbeeza is highly beneficial to both consumers and auto dealers.

ON BEHALF OF THE BOARD OF DIRECTORS OF CARBEEZA INC.

Ken Brizel, CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:

Ken Brizel
CEO
info@agereh.com
Website: www.carbeeza.com

Notice Regarding Forward-Looking Information:

This news release contains forward-looking statements including but not limited to statements regarding the Company's business, assets or investments, as well other statements that are not historical facts. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, investor interest in the business and prospects of the Company.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made, by third parties in respect of the matters discussed above.

SOURCE: Carbeeza Inc.

View the original press release on ACCESS Newswire

FAQ

What is the size and price of Carbeeza's (CRBAF) private placement offering in August 2025?

Carbeeza is offering up to 10 million common shares at $0.05 per share to raise up to $500,000 in gross proceeds.

How will Carbeeza (CRBAF) use the proceeds from the private placement?

The company plans to use the net proceeds for working capital and general corporate purposes.

What is the hold period for shares issued in Carbeeza's (CRBAF) private placement?

The shares will be subject to a statutory hold period of four months and one day.

What approvals does Carbeeza (CRBAF) need for the private placement?

The offering requires TSX Venture Exchange approval for completion.

Can U.S. investors participate in Carbeeza's (CRBAF) private placement?

The securities are not registered under the U.S. Securities Act and cannot be offered or sold in the United States absent registration or an applicable exemption.