Welcome to our dedicated page for Imaginear news (Ticker: IPNFF), a resource for investors and traders seeking the latest updates and insights on Imaginear stock.
ImagineAR Inc. (IPNFF) provides an AR-as-a-Service platform enabling businesses to create immersive augmented reality campaigns through its no-code solution. This centralized news hub offers investors and industry professionals timely access to official announcements, strategic developments, and operational updates.
Discover comprehensive coverage of ImagineAR's partnerships, product innovations, and financial disclosures. Key focus areas include AI-enhanced AR solutions, enterprise licensing agreements, and patent portfolio expansion. The platform's real-time analytics capabilities and SDK integrations are regularly featured in updates.
This resource consolidates ImagineAR's corporate communications including earnings reports, technology deployments, and leadership announcements. Users can track progress in retail AR implementations, sports engagement initiatives, and location-based entertainment projects through verified press releases.
Bookmark this page for streamlined monitoring of ImagineAR's position in the immersive technology sector. Check back regularly for updates on AR campaign deployments, strategic partnerships, and platform enhancements that drive the company's growth in digital experience creation.
ImagineAR (CSE: IP) (OTCQB: IPNFF) has announced the closure of the first tranche of a $1.1 million convertible note financing. The funds will support three major initiatives: Location-Based Entertainment, AI integration with AR, and Patent Enforcement & Licensing. The financing terms include:
- Three tranches: Initial $125,000 on August 30, 2024, and $975,000 in two subsequent tranches by October 31, 2024
- 12% annual interest rate, payable quarterly or on maturity/conversion
- 24-month maturity from issue date
- Automatic conversion to common shares at $0.05 per share
- Company option to convert within 30 days if shares trade at or above $0.20 for 20+ consecutive days after 4 months from issuance
Securities are subject to a four-month statutory hold period. This offering is not available in the United States or to U.S. persons.
ImagineAR Inc. (CSE: IP) (OTCQB: IPNFF) has announced the issuance of 750,000 stock options to its CFO and consultants. These options are exercisable at $0.05 per share and have a 3-year expiration period. The company stated that this grant is in accordance with its existing stock option plan. This move may be seen as a way to incentivize key personnel and align their interests with those of the shareholders.