NetraMark completes $3.5 million private placement financing

NetraMark Holdings Inc. (TSX: AIAI) (OTCQB: AINMF) (Frankfurt: PF0) closed the final tranche of its $3.5 million private placement on February 18, 2026. The Toronto-based artificial intelligence company issued 390,000 units at $1.00 per unit in the second tranche, raising $390,000 in gross proceeds.

The complete offering consisted of 3.5 million units at $1.00 each. Each unit includes one common share and half of a warrant, with full warrants exercisable at $1.35 per share for two years from the issue date.

Following the completion, NetraMark has 92,223,699 common shares outstanding. The company plans to use the net proceeds for working capital and general corporate purposes.

A company insider participated in the final tranche, purchasing 232,500 units for $232,500. This constituted a related party transaction under Canadian securities regulations. NetraMark was exempt from formal valuation requirements and minority shareholder approval since the transaction value did not exceed 25% of the company's market capitalization.

The securities issued in the final tranche are subject to a four-month hold period expiring June 19, 2026, under Canadian securities laws. The securities have not been registered under U.S. securities regulations.

NetraMark develops artificial intelligence and machine learning solutions for the pharmaceutical industry, focusing on clinical trial analytics using what it describes as topology-based algorithms for patient data analysis.

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