Trilogy AI Corp. Announces Successful Completion of Private Placement Offerings

Overview

Vancouver, British Columbia–(Newsfile Corp. – January 28, 2025) – Trilogy AI Corp. (CSE: TRAI) (OTCQB: TRAIF) (FSE: Y92) (formerly, Ambari Brands Inc.) (the “Company”) is pleased to announce, further to its press release dated December 16, 2024, that the Company has closed its non-brokered private placement financing (the “LIFE Offering”) of 6,826,667 common shares (the “Common Shares”) at C$0.07 per Common Share, for aggregate gross proceeds of approximately C$477,866.69. The Company has also closed its concurrent private placement financing (the “Private Placement”) of 5,174,240 common shares (the “Private Placement Shares”) at C$0.07 per Private Placement Share for aggregate gross proceeds of approximately C$362,196.82, and its private placement offering of Common Share purchase warrants (the “Warrant Offering” and together with the LIFE Offering and the Private Placement, the “Offerings”), issuing a total of 9,311,500 warrants (the “Warrants”), at a price of C$0.05 per Warrant for aggregate gross proceeds of C$465,575.

Expansion on the News

This successful completion of Trilogy AI Corp.’s private placement offerings signifies a positive step forward for the company in terms of financial growth and expansion. The substantial amount raised through the offerings will provide Trilogy AI Corp. with the necessary capital to fund its operations and pursue strategic opportunities in the artificial intelligence sector.

By issuing a total of 9,311,500 warrants at a price of C$0.05 per Warrant, Trilogy AI Corp. has shown confidence in its long-term vision and growth prospects. The Company’s ability to attract investors at this scale demonstrates market confidence in its business model and future potential.

With the influx of funds from the private placement offerings, Trilogy AI Corp. can now focus on accelerating its research and development efforts, expanding its product portfolio, and strengthening its market position in the rapidly evolving AI industry.

Effect on Individuals

For individual investors, the successful completion of Trilogy AI Corp.’s private placement offerings could present an opportunity to participate in the growth potential of a promising AI company. Investing in Trilogy AI Corp. at this stage could yield significant returns as the company continues to innovate and expand its market presence.

Effect on the World

Trilogy AI Corp.’s successful fundraising efforts could have a broader impact on the AI industry as a whole. By demonstrating investor confidence and financial stability, Trilogy AI Corp. sets a positive example for other companies in the sector, encouraging innovation and growth in the field of artificial intelligence.

Conclusion

The completion of Trilogy AI Corp.’s private placement offerings marks a significant milestone for the company and the AI industry at large. With a strong financial foundation in place, Trilogy AI Corp. is well-positioned to drive innovation, pursue strategic opportunities, and capitalize on the growing demand for AI technologies. Individual investors may consider the potential for growth and returns by investing in Trilogy AI Corp., while the industry as a whole stands to benefit from increased investor confidence and market momentum.