Alset AI Completes Non-Brokered Private Placement Offering
On December 23, 2025, Alset AI Ventures Inc. (TSXV:GPUS)(OTC:GPUSF)(FSE:1R60, WKN:A40M0J), an artificial intelligence venture company advancing innovation through strategic investment and cloud computing solutions, announced that it had closed its non-brokered private placement offering of 12,727,272 units of the company.
Each unit issued under the offering consists of one common share in the capital of the company and one-half of one common share purchase warrant. The units were issued pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions.
Net proceeds from the offering are intended to be used to accelerate the commercialization of the company's cloud compute business, including funding customer acquisition through sales and marketing activities and advancing near-term revenue milestones, and for working capital and general corporate purposes.
Aird & Berlis represented Alset AI Ventures with a team led by Fiona Brown and Adria Leung Lim and including Ryan Cohen and Ali Kwinter (Capital Markets).
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BioFull bio
Fiona is known for her commitment to outstanding client service.
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BioFull bio
Adria enjoys the fast-paced and challenging nature of securities law.
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BioFull bio
Ryan’s background in business gives him valuable insight and practical experience when representing clients on capital markets and securities ma...
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BioFull bio
Ali thrives in the fast-paced, ever-evolving world of corporate finance and securities law.
