infinitii ai inc. closes oversubscribed convertible debenture offering for $610,000
- Nathan Rudyk
- 3 hours ago
- 3 min read
VANCOUVER, BC, Oct. 17, 2025 – infinitii ai inc. (“infinitii ai”, the “Company”) (CSE:IAI, FSE:Y31, OTC:CDTAF) is pleased to announce it closed its private placement. The financing is led by ThreeD Capital Inc. (“ThreeD”) alongside other long-time shareholders, the Company’s CEO, and a new investor.
“We are pleased to announce this financing, which will be directed at increasing sales of our latest innovative machine learning solutions, including the recently unveiled mobile and dashboarding products at WEFTEC 2025 in Chicago,” stated Jean Charles Phaneuf, CEO of infinitii ai. “Over the course of this year, our company has made significant investments in pioneering product developments and the new funds raised will be dedicated to working capital and accelerating sales efforts aimed at bringing these innovations to market. ThreeD Capital has once again led an investment in infinitii ai’s market opportunity, product vision, and our proven business execution based on 11 consecutive quarters of year-over-year growth.”
The Company has issued convertible debentures with a face value of $610,000. The convertible debentures carry an interest rate of 10% per year, compounded semi-annually, mature 36 months from the date of issue and are convertible along with any accrued interest into Units (each a “Unit”) at $0.05 per Unit at any time before the maturity date. The Units consist of one common share in the capital of the Company (a "Share") and one share purchase warrant allowing the holder to purchase one Share at $0.10 per Share for a period of 36 months from the issue of the Warrant. The company has also issued a 1,003,822 deferred share units to the members of its Board of Directors.
About infinitii ai inc.
infinitii ai has been a trusted provider of environmental monitoring and predictive analytics to many of North America’s largest water infrastructure utilities since 2014. Its customers include Seattle, Los Angeles, Miami-Dade County, Boston, Dallas, Vancouver, Toronto, Hamilton, Region of Peel, and York Region. The company delivers value through direct sales and a robust partner network including major engineering service firms and sensor hardware suppliers including AECOM, Core & Main Inc., Kerr Wood Leidal Associates Ltd., K2 Geospatial, SCG Flowmetrix and TREKK Design Group LLC.
infinitii flowworks software unifies sensor monitoring, advanced analytics, and alarm management on a single platform, integrating data from wireless, SCADA, satellite, and public sources such as USGS and NOAA. With both predictive and prescriptive analytics, infinitii ai helps utilities transform operational data into reliable decisions – no matter the source.
Contact: Nathan Rudyk
Director, Corporate Communications
infinitii ai inc.
+1 778 200 2093
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
This press release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking information is based on certain key expectations and assumptions made by the management of infinitii ai, including the expectation of future revenue growth. Although infinitii ai believes that the expectations and assumptions upon which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because infinitii ai can provide no assurance that they will prove to be correct. Any forward-looking statements contained in this press release are made as of the date of this press release. infinitii ai disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.