On November 9, 2023, nDatalyze Corp. closed the transaction. The company has now issued 2,315,000 units at a price of CAD 0.12 per unit for gross proceeds of up to CAD 277,800.

In connection with the offering, the company paid eligible finders aggregate cash finders fees of approximately CAD 4,800 and issued 40,000 finders options to purchase common shares at an exercise price of CAD 0.25 per common share, within 18 months from the closing date of the offering. The offering is subject to all necessary regulatory approvals including acceptance from the Exchange. All securities issued in connection with the offering will be subject to a four month plus one day hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.

As at this date, and including the offering proceeds the company has working capital of approximately CAD 975,000 and no debt.