Alset Receives TSXV Approval to Amend Warrants
Alset AI Ventures (OTC:GPUSF) has received TSX Venture Exchange approval to amend the exercise price of approximately 20 million outstanding warrants. The warrants, originally issued in March 2024 with an exercise price of $0.25, will now have a reduced exercise price of $0.15.
The amended warrants include an acceleration provision requiring holders to exercise within 30 days if the company's share price remains at or above $0.1875 for 10 consecutive trading days. The warrants maintain their original expiration dates of March 15 and March 22, 2027.
Alset AI Ventures (OTC:GPUSF) ha ottenuto l'approvazione dalla TSX Venture Exchange per modificare il prezzo di esercizio di circa 20 milioni di warrant in circolazione. I warrant, emessi originariamente a marzo 2024 con un prezzo di esercizio di $0,25, avranno ora un prezzo ridotto a $0,15.
I warrant modificati includono una clausola di accelerazione che obbliga i detentori a esercitare entro 30 giorni se il prezzo delle azioni della società rimane pari o superiore a $0,1875 per 10 giorni di negoziazione consecutivi. La scadenza originale dei warrant resta invariata, fissata per il 15 e il 22 marzo 2027.
Alset AI Ventures (OTC:GPUSF) ha recibido la aprobación de la Bolsa de Valores TSX Venture para modificar el precio de ejercicio de aproximadamente 20 millones de warrants en circulación. Los warrants, emitidos originalmente en marzo de 2024 con un precio de ejercicio de $0.25, ahora tendrán un precio reducido de $0.15.
Los warrants modificados incluyen una cláusula de aceleración que requiere que los tenedores ejerzan dentro de los 30 días si el precio de las acciones de la compañía se mantiene en o por encima de $0.1875 durante 10 días hábiles consecutivos. Las fechas de vencimiento originales de los warrants son el 15 y 22 de marzo de 2027.
Alset AI Ventures (OTC:GPUSF)가 TSX 벤처 거래소로부터 약 2천만 개의 미행사 워런트의 행사 가격을 수정하는 승인을 받았습니다. 이 워런트는 2024년 3월에 행사 가격 $0.25로 발행되었으며, 이제 행사 가격이 $0.15로 인하됩니다.
수정된 워런트에는 회사 주가가 10거래일 연속으로 $0.1875 이상일 경우 보유자가 30일 내에 행사해야 하는 가속 조항이 포함되어 있습니다. 워런트의 만기일은 원래대로 2027년 3월 15일과 3월 22일입니다.
Alset AI Ventures (OTC:GPUSF) a obtenu l'approbation de la TSX Venture Exchange pour modifier le prix d'exercice d'environ 20 millions de bons de souscription en circulation. Ces bons, initialement émis en mars 2024 avec un prix d'exercice de 0,25 $, verront leur prix réduit à 0,15 $.
Les bons modifiés incluent une clause d'accélération obligeant les détenteurs à exercer dans les 30 jours si le cours de l'action de la société reste à ou au-dessus de 0,1875 $ pendant 10 jours de bourse consécutifs. Les dates d'expiration originales des bons restent fixées au 15 et 22 mars 2027.
Alset AI Ventures (OTC:GPUSF) hat die Genehmigung der TSX Venture Exchange erhalten, den Ausübungspreis von etwa 20 Millionen ausstehenden Warrants zu ändern. Die Warrants, die ursprünglich im März 2024 mit einem Ausübungspreis von $0,25 ausgegeben wurden, erhalten nun einen reduzierten Ausübungspreis von $0,15.
Die geänderten Warrants enthalten eine Beschleunigungsklausel, die die Inhaber verpflichtet, innerhalb von 30 Tagen auszuüben, wenn der Aktienkurs des Unternehmens für 10 aufeinanderfolgende Handelstage bei oder über $0,1875 bleibt. Die ursprünglichen Ablaufdaten der Warrants bleiben der 15. und 22. März 2027.
- Reduced warrant exercise price from $0.25 to $0.15 may encourage warrant exercise and capital raising
- Acceleration provision provides potential for faster capital inflow if stock performs well
- Warrant repricing indicates potential challenges in raising capital at original terms
- Dilution risk for existing shareholders if warrants are exercised
VANCOUVER, BC / ACCESS Newswire / July 18, 2025 / Alset AI Ventures Inc. (TSXV:GPUS)(OTC PINK:GPUSF)(FSE:1R60, WKN:A3ESVQ) ("Alset AI" or the "Company") an artificial intelligence ("AI") venture company advancing innovation through strategic investment and cloud computing solutions, is pleased to announce that, further to its news release dated June 2, 2025, it has received approval from the TSX Venture Exchange (the "TSXV") to amend the exercise price of an aggregate of 19,999,993 outstanding common share purchase warrants currently expiring on March 15, 2027 and March 22, 2027 (the "Warrants"). The Warrants were issued pursuant to a private placement that closed in two tranches on March 15, 2024 and March 22, 2024.
The Warrants were originally issued at an exercise price of
About Alset AI Ventures Inc.
Alset AI is a pioneering AI and cloud computing investment firm, committed to nurturing high- potential technology companies. Through a combination of capital, strategic advisory, and cloud computing alliances, Alset AI is shaping the future of artificial intelligence and building an AI-focused venture capital platform poised for substantial growth.
For further information about Alset AI Ventures Inc., please contact:
Investor Relations
Adam Ingrao
Chief Executive Officer
T: 236.312.6744
E: ir@alsetai.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note regarding Forward Looking Statements
This press release may contain certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") related to the repricing of the Warrants, the commencement of the Incentive Program, and the TSXV's approval of the Warrant repricing the Incentive Program, the results of the Incentive Program, and the expected benefits to the Company from the Incentive Program. Forward-looking statements normally contain words like "will", "intend", "anticipate", "could", "should", "may", "might", "expect", "estimate", "forecast", "plan", "potential", "project", "assume", "contemplate", "believe", "shall", "scheduled", and similar terms. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this press release. Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions, and other factors that management currently believes are relevant, reasonable, and appropriate in the circumstances. Although management believes that the forward- looking statements herein are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Alset AI's business. Additional material risks and uncertainties applicable to the forward-looking statements herein include, without limitation, the impact of general economic conditions, and unforeseen events and developments. This list is not exhaustive of the factors that may affect the Company's forward-looking statements. Many of these factors are beyond the control of Alset AI. All forward-looking statements included in this press release are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this press release are made as at the date hereof, and Alset AI undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws. Risks and uncertainties about the Company's business are more fully discussed under the heading "Risks and Uncertainties" in its most recent Management's Discussion and Analysis and other disclosure documents available on SEDAR+ at www.sedarplus.ca.
SOURCE: Alset AI Ventures Inc.
View the original press release on ACCESS Newswire
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