LifeSpeak Inc entered into definitive subscription agreements for a non-brokered private placement of 8,224,896 common shares at a price of CAD 0.60791 per Common Share for aggregate gross proceeds of CAD 4,999,996.52736 on March 4, 2024. The transaction included participation from returning investor, Beedie Investments Ltd, directors and officers- Michael Held, Nolan Bederman, Jason Campana, Chad Deshler, Mario Di Pietro, Adam Goldberg, Anna Mittag, Sanjiv Samant, David Sciacca and Rajesh Uttamchandan. The transaction is subject to TSX to obtain an exemption from the shareholder approval requirements. The Private Placement is expected to close on or about March 8, 2024, subject to receipt of the necessary approvals of the TSX and the satisfaction or waiver of other customary closing conditions. Pursuant to applicable Canadian securities laws, the Common Shares will be subject to a hold period of four months and one day following the closing date.

On same date, the company issued 5,716,307 shares at issue price CAD 0.60791 per share for a gross proceeds CAD 3,475,000.18837 in its first tranche.