infinitii ai inc. announced a non-brokered private placement of convertible debentures for gross proceeds of CAD 520,000 on February 10, 2023. The transaction includes participation from existing investor, ThreeD Capital Inc. for CAD 280,000 and other investors. The debentures are converted into units of the company.

The debentures matures 12 months following the closing date and carries interest at a rate of 7% per annum.