On December 29, 2023, Cloud DX Inc. closed the transaction. The company amended the terms of the transaction. The company has issued 1,942 convertible debenture units of the company at issue price CAD 1,000 for aggregate gross proceeds of CAD 1,942,000. Constantine Zachos, a director of the Corporation, subscribed for 67 Debenture Units in the Offering, for total gross proceeds of CAD 67,000. In connection with the Offering, the Company paid a cash commission of CAD 89,360 and issued 893,600 finder's warrants, with each finder's warrant exercisable to acquire one common share at a price of CAD 0.15 per common share for a period of three years from the date of issuance thereof.

On March 12, 2024, the company announced that the transaction has been approved by the TSX Venture Exchange. The transaction included participation from 14 placees.