Intelligence

Back to all QYOU Media Inc press releases

QYOU Media Inc logo

QYOU Media Inc

  • OTCQB:QYOUF
  • TSXV:QYOU

QYOU Media Announces Proposed Private Placement of Up to 25,000,000 Units

Published

Get alerts

Plain English summaries when QYOU Media Inc announces news.

FAQSIR Generated from this announcement View original release below for safe harbor and regulatory notices

Announcement Summary

QYOU Media Inc. (TSXV: QYOU) (OTCQB: QYOUF) announced a non-brokered private placement offering.

  • Up to 25,000,000 Units are offered at $0.03 each, for up to $750,000 gross proceeds.
  • Each Unit includes one Common Share and three-quarters of one Warrant.
  • Whole Warrants let holders purchase one Common Share at $0.06 for 24 months after closing.
  • Closing expected on or about September 5, 2025, pending TSX Venture Exchange and other approvals.

Net proceeds cover (i) loan repayment, (ii) Chatterbox Technologies Limited acquisition amounts and (iii) working capital and corporate purposes; further Canadian and US securities terms apply.

Investor FAQs

QYOU Media Inc. has announced a Non-Brokered Private Placement Offering of up to 25,000,000 Units at a price of $0.03 per Unit, for aggregate gross proceeds of up to $750,000. The offering remains subject to conditions, including necessary approvals.
The source identifies QYOU Media Inc. as listed on the TSXV under TSXV: QYOU and on the OTCQB under OTCQB: QYOUF.
Each Unit will comprise one (1) Common Share and three-quarters (3/4) of one common share purchase Warrant. Each whole Warrant will entitle its holder to purchase one (1) Common Share at a price of $0.06 per Common Share for a period of 24 months from the closing date of the Offering.
The Offering is expected to close on or about September 5, 2025, or such other date as the Company may determine. Closing is subject to certain conditions, including receipt of all necessary approvals, including approval of the TSX Venture Exchange. The source states that the Offering has been announced and does not state that it has closed.
The Company states that it requires the net proceeds for repayment of outstanding loans, payment of amounts due from the original acquisition of its subsidiary, Chatterbox Technologies Limited, and working capital and general corporate purposes. The source does not provide a breakdown of the net proceeds among these uses.
The Common Shares partially comprising the Units and the Common Shares underlying the Warrants will be subject to a four-month plus one day hold period commencing on the day of closing, pursuant to applicable Canadian securities laws. The Units have not been, and will not be, registered under the United States Securities Act of 1933 or any state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the United States or U.S. persons absent registration or compliance with an applicable exemption.
The source describes statements about regulatory approvals, closing of the Offering and intended use of proceeds as forward-looking statements. It states that these statements are inherently uncertain, that assumptions may prove incorrect, and that actual results may differ materially because of known and unknown risks and other factors, many of which are beyond the Company's control. It also states that additional risks and uncertainties are described in the Company's publicly available disclosure documents filed on SEDAR+.

Read the original press release

Full text as published, unedited.

Loading the original release…