Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

ImagineAR plans $500K private placement to fund AR tech and litigation, settling $259K debt with shares.

Company Fundamentals
15 May 2026
Newsfile Corp
View Source
Bullish
pluang ai news

ImagineAR Inc. announced a non-brokered private placement to raise up to $500,000 by selling 100 million share units at $0.005 each, including warrants exercisable at $0.05 for 36 months. The funds will support ongoing litigation against Niantic, development of its AR platform integrated with generative AI, and general working capital. Additionally, the company will settle $259,335 of convertible debenture debt by issuing over 51 million common shares, strengthening its balance sheet while conserving cash. Both transactions require approval from the Canadian Securities Exchange.

More News

Constellation Software elects all nine director nominees at 2026 AGM, with founder Mark Leonard stepping down.

Constellation Software elects all nine director nominees at 2026 AGM, with founder Mark Leonard stepping down.

Constellation Software Inc. held its annual general meeting on May 15, 2026, where all nine director nominees were successfully elected by shareholders. Mark Leonard, the company's founder and former president, did not seek re-election but will remai...

Company Fundamentals
Neutral
1 hour ago
First Trust Canada sets cap and buffer for May Buffer ETF's new outcome period starting May 19, 2026.

First Trust Canada sets cap and buffer for May Buffer ETF's new outcome period starting May 19, 2026.

First Trust Portfolios Canada announced the cap at 17.23% and a 10% buffer for the First Trust Vest U.S. Equity Buffer ETF (MAYB.F) for its new Target Outcome Period from May 19, 2026, to May 21, 2027. The fund aims to match returns of the SPDR S&P 5...

Others
Neutral
2 hours ago
Roger Williams University honors mentorship and lifelong learning at 2026 Commencement.

Roger Williams University honors mentorship and lifelong learning at 2026 Commencement.

Roger Williams University celebrated its Class of 2026 with a Commencement ceremony emphasizing mentorship, trust, and lifelong learning. Keynote speaker Dick Sullivan ’79, former CEO of PGA TOUR Superstore, highlighted mentorship as crucial for care...

Others
Neutral
3 hours ago
Conrad Industries reports Q1 2026 net income of $3.2M and backlog of $199.6M, with new contracts signed post-quarter.

Conrad Industries reports Q1 2026 net income of $3.2M and backlog of $199.6M, with new contracts signed post-quarter.

Conrad Industries announced its financial results for Q1 2026, reporting a net income of $3.2 million and earnings per diluted share of $0.64, down from $3.9 million and $0.77 respectively in Q1 2025. The company signed $46.8 million in new construct...

Company Fundamentals
Neutral
3 hours ago
FDA reshuffles top drug regulators after commissioner Marty Makary's exit

FDA reshuffles top drug regulators after commissioner Marty Makary's exit

The U.S. Food and Drug Administration (FDA) is reorganizing its leadership in drug and biologics regulation following the resignation of former commissioner Marty Makary. Acting directors Tracy Beth Høeg and Katherine Szarama are leaving their roles,...

Market News
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App