On July 28, 2023, Genesis AI Corp. closed the transaction. The company has amended the terms of the transaction.

The company has issued 18,367,998 units at an issue price of CAD 0.07 per unit for the gross proceeds of CAD 1,285,759.86. In connection with the offering the company has paid finders' fees totalling CAD 4,483.50 to approved finders.