Metaguest.AI plans $1.5M private placement to fund growth and debt repayment

Metaguest.AI Inc., a company specializing in AI-driven guest engagement for hospitality, announced it will soon complete the initial closing of a private placement offering up to 30 million units at $0.05 each, aiming to raise $1.5 million. Each unit includes one common share and partial warrants to purchase additional shares at $0.12 within 24 months. The funds will be used for debt repayment, working capital, marketing, and growth initiatives. The offering will close in multiple tranches and is subject to customary conditions and a statutory hold period on issued securities.