Core AI Holdings Announces About $5.4 Million Registered Direct Offering

By Amit Chowdhry • Yesterday at 12:35 PM

Core AI Holdings announced that it has entered into a securities purchase agreement with a new fundamental institutional investor for the sale of 1,969,444 common shares and 3,975,000 pre-funded warrants in a registered direct offering valued at approximately $5.4 million before commissions and expenses.

The offering is expected to close on or about June 11, 2026, subject to customary closing conditions. D. Boral Capital is serving as the exclusive placement agent for the transaction.

Core AI plans to use the proceeds to advance its artificial intelligence technology and infrastructure initiatives, as well as for general working capital purposes.

The offering is being conducted under the company’s shelf registration statement on Form F-3, which was filed with the U.S. Securities and Exchange Commission and declared effective in November 2025.

Core AI Holdings is a global AI technology and infrastructure company focused on identifying, developing, and scaling AI-driven businesses that target large, high-growth markets. Through its subsidiary, Core Gaming, the company operates an AI-powered mobile game development and publishing business.

The company said its mission is to leverage artificial intelligence to develop scalable solutions across multiple industries and create long-term value for shareholders.

KEY QUOTE:

“The company plans to use the proceeds from the offering for advancement of its AI technology and infrastructure initiatives, and general working capital purposes.”

Core AI Holdings statement