ShelfieTech Ltd. Announces Closing of Private Placement

Rhea-AI Summary

ShelfieTech (CSE:SHLF / OTCQB:SHLFF) announced on December 3, 2025 it closed a non‑brokered private placement raising $1,699,185 through the issuance of 1,179,990 common shares at $1.44 per share. The company paid $135,934 in finders' fees to eligible finders under applicable securities rules.

The Shares are subject to a four‑month hold period under Canadian securities laws. Proceeds will be used to advance research and development, pursue potential synergetic acquisitions, and provide working capital.

Positive

• Raised $1,699,185 in gross proceeds
• Issued 1,179,990 new common shares at $1.44 per share
• Proceeds allocated to R&D, potential acquisitions, and working capital

Negative

• Paid $135,934 in finders' fees, reducing net proceeds
• New Shares subject to a four‑month hold, limiting immediate liquidity for purchasers

News Market Reaction – SHLFF

%

1 alert

% News Effect

On the day this news was published, SHLFF declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Gross proceeds: $1,699,185 Shares issued: 1,179,990 shares Issue price: $1.44 per Share +2 more

5 metrics

Gross proceeds $1,699,185 Non-brokered private placement

Shares issued 1,179,990 shares Common shares in private placement

Issue price $1.44 per Share Private placement pricing

Finders' fees $135,934 Fees paid to eligible finders

Hold period 4 months Mandatory hold under Canadian securities laws

Market Reality Check

Price: $1.08 Vol: Volume of 105 shares is w...

low vol

$1.08 Last Close

Volume Volume of 105 shares is well below the 1,467-share 20-day average (relative volume 0.07). low

Technical Price at $1.31 is trading above the 200-day MA of $1.27 and 12.67% below the 52-week high of $1.50.

Historical Context

1 past event · Latest: Dec 03 (Neutral)

1 events

Date	Event	Sentiment	Move	Catalyst
Dec 03	Private placement	Neutral	+0.0%	Closed non-brokered private placement raising equity for R&D and acquisitions.

Recent Company History

This announcement reflects ShelfieTech’s recent focus on equity financing. On December 3, 2025, the company reported closing a non-brokered private placement raising $1,699,185 via 1,179,990 new common shares at $1.44 per share, with $135,934 paid in finders’ fees. Those shares carry a four-month hold period under Canadian securities laws, and proceeds were allocated to research and development, potential synergetic acquisitions, and working capital.

Market Pulse Summary

This announcement details the closing of a non-brokered private placement raising $1,699,185 via 1,1...

Analysis

This announcement details the closing of a non-brokered private placement raising $1,699,185 via 1,179,990 shares at $1.44, subject to a four-month hold period. Proceeds are earmarked for research and development, potential synergetic acquisitions, and working capital. Investors may track how efficiently this capital is deployed, any follow-on financing activity, and subsequent operational milestones funded by this raise.

Key Terms

private placement, finders' fees, hold period, working capital

4 terms

private placement financial

"it has closed the non-brokered private placement (the "Private Placement") raising"

A private placement is a way for companies to raise money by selling securities directly to a small group of investors instead of through a public offering. This process is often quicker and less regulated, making it similar to offering a special, exclusive investment opportunity to select individuals or institutions. For investors, it can provide access to unique investment options that are not available on public markets.

finders' fees financial

"The Company paid finders' fees totaling $135,934 to eligible finders"

A finders' fee is a payment made to a person or firm that introduces two parties who then complete a business deal, such as a sale, investment or loan. Think of the finder as a matchmaker who gets paid for bringing the parties together; for investors this matters because the fee reduces the deal’s net proceeds, can affect returns, and may signal a potential conflict of interest that should be disclosed.

hold period regulatory

"The Shares issued under the Private Placement are subject to a four month hold period"

A hold period is a specific span of time during which an investor is required or expected to keep a security or asset and cannot freely sell it or realize its value. It matters because it limits liquidity and can affect tax treatment, risk exposure and timing of gains or losses—like a cooling-off or fixed-term commitment that prevents you from quickly cashing out even if market conditions change.

working capital financial

"acquisitions, and working capital."

Working capital is the money a business has available to cover its daily expenses, like paying bills and buying supplies. It’s like the cash in your wallet that helps you handle everyday costs; having enough ensures the business can operate smoothly without running into money shortages.

AI-generated analysis. Not financial advice.

VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / December 3, 2025 / ShelfieTech Ltd. (CSE:SHLF)(OTCQB:SHLFF) ("Shelfie", or the "Company") is pleased to announce that, further to its news releases of November 6, 2025 , it has closed the non-brokered private placement (the "Private Placement") raising gross proceeds of $1,699,185 through the issuance of 1,179,990 common shares in the capital of the Company (each a "Share") at a price of $1.44 per Share.

The Company paid finders' fees totaling $135,934 to eligible finders in accordance with applicable securities laws and the policies of the Canadian Securities Exchange.

The Shares issued under the Private Placement are subject to a four month hold period pursuant to securities laws in Canada.

Proceeds from the Private Placement will be directed toward advancing the Company's research and development, potential synergetic acquisitions, and working capital.

About ShelfieTech:

ShelfieTech is a technology company focused on providing shelf inventory management technological solutions for the retail industry, in particular for large grocery stores and supermarkets.

Using patent-pending technology, ShelfieTech's technological solution includes a robotic retail shelf monitoring system which uses its self developed proprietary software that utilizes machine learning and image processing algorithms to automatically optimize shelf inventory management.

For more information on ShelfieTech Ltd., please visit our website: https://shelfietech.com/ or visit us on social media:

LinkedIn - https://www.linkedin.com/in/shelfie-tech
Instagram - https://www.instagram.com/shelfietech

Contacts:

Gadi Levin
VP Finance
Gadi@shelfietech.com
+972 54-642-0352

Cautionary Statement Regarding Forward-looking Statements:

The Canadian Securities Exchange has in no way passed upon the merits of the Company and has neither approved nor disapproved the contents of this press release. Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains "forward-looking statements" within the meaning of the securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. In addition, we cannot assure that any patent will be issued as a result of a pending patent application or, if issued, whether it will be issued in a form that will be advantageous to us. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time at sedarplus.ca. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of third-party websites.

SOURCE: ShelfieTech Ltd.

View the original press release on ACCESS Newswire

FAQ

How much did ShelfieTech (SHLFF) raise in the December 3, 2025 private placement?

ShelfieTech raised $1,699,185 in gross proceeds from the private placement.

How many shares did ShelfieTech (SHLFF) issue in the private placement and at what price?

The company issued 1,179,990 common shares at $1.44 per share.

What were the finders' fees paid by ShelfieTech (SHLFF) for the private placement?

ShelfieTech paid finders' fees totaling $135,934 to eligible finders.

What will ShelfieTech (SHLFF) use the private placement proceeds for?

Proceeds will be directed to research and development, potential synergetic acquisitions, and working capital.

Are the new ShelfieTech (SHLFF) shares restricted after the private placement?

Yes, the Shares issued are subject to a four‑month hold period under Canadian securities laws.