The FUTR Corporation, a company focused on data valuation and monetization, has completed the first tranche of its previously announced $6 million non-brokered private placement. The initial closing brought in $4.3 million, with the remaining $1.7 million scheduled to close later in September. After completion, the financing will total 20 million units priced at $0.30 each, generating aggregate proceeds of $6 million.
Each unit consists of one common share and one-half warrant, with each whole warrant exercisable at $0.45 until December 31, 2027. The warrants include an acceleration clause if the company’s stock trades at or above $2.20 on a volume-weighted average price basis over 10 days.
Proceeds from the financing will be used for general working capital and growth initiatives, including potential acquisitions. Several company insiders participated in the round, contributing a combined $270,000. The placement was conducted under prospectus exemptions, and all securities are subject to a four-month hold period ending January 10, 2026.
PowerOne Capital Markets acted as a finder for part of the offering, earning a 7% cash fee and finder’s warrants equal to 7% of certain units sold. Each finder’s warrant allows the purchase of one unit at $0.30 until September 30, 2027, subject to an acceleration provision.
FUTR’s core product is its AI Agent App, designed to help consumers monetize their personal data through rewards, personalized offers, and innovative payment management. The platform also enables enterprises to earn rewards for contributing consented consumer data, allowing brands to leverage that data for improved personalization and customer acquisition.
The company expects this financing to position it for an active year ahead, with a focus on advancing its personal data monetization platform and pursuing strategic growth opportunities.
KEY QUOTES:
“We are pleased to announce the first closing of our fully subscribed for financing which sets the company up for a very active year ahead. We will focus on advancing our personal data monetization platform. We are delighted by the continued support of FUTR’s vision by both our existing long-term and now new strategic shareholders of the company.”
FUTR President Alex McDougall
