Vanta (OTC:VNTXF) closed the first tranche of a non‑brokered private placement on May 5, 2026, issuing 385,000 units at $1.00 for gross proceeds of $385,000. Each unit includes one share and one warrant exercisable at $1.25 until May 5, 2028.
The company also settled $312,255.27 of debt by issuing 156,127 shares at a deemed price of $2.00 per share. Securities from both transactions are subject to a statutory hold period expiring September 6, 2026. Remaining placement tranches are expected.
Vanta (OTC:VNTXF) announced a U.S. ticker symbol change: its common shares began trading on the OTC Market under VNTXF effective February 17, 2026.
The company's CUSIP and ISIN on the OTC Market remain unchanged and no action is required by shareholders regarding the symbol change.
Vanta (OTC:VNTXF) announced amended capital markets initiatives on March 26, 2026 to strengthen its balance sheet through a non-brokered private placement and a debt-for-equity settlement.
The Private Placement offers up to 1,000,000 units at $1.00 each (up to $1,000,000), each unit including one share and one warrant exercisable at $1.25 for 24 months. Closing is anticipated on or about April 2, 2026. Separately, the company intends to settle up to $500,000 of debt by issuing 250,000 common shares at a deemed price of $2.00 per share. Insiders may participate and the company intends to rely on MI 61-101 exemptions.