VANCOUVER, BC — December 12, 2025 — Leads & Copy — Fobi AI Inc. has received a partial revocation order from the British Columbia Securities Commission, allowing the company to proceed with a non-brokered private placement to raise up to C$1,500,000.
The order, dated December 12, 2025, partially revokes a cease trade order from November 1, 2024. The private placement involves up to 30,000,000 units at C$0.05 each. Each unit includes one common share and one share purchase warrant. Warrants can be exercised at C$0.10 per share within 36 months of issuance and are subject to a four-month hold period as per TSX Venture Exchange policies.
The proceeds from the offering will be used to prepare and file outstanding disclosure documents and to apply for a full revocation order. The funds will cover accounting, audit, legal fees, key employee salaries, operational expenses, and finder’s fees. Applicable finders may receive a cash commission of up to 7% and broker warrants, exercisable at the offering price for 36 months.
The offering is expected to close around January 12, 2026, pending necessary approvals, including from the TSXV. Subscribers will be notified that the common shares remain subject to the cease trade order until a full revocation is granted.
Securities of Fobi AI Inc. have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption.
Rob Anson, CEO, can be reached at rob@fobi.ai, or by telephone at +1 877-754-5336 Ext. 3; and ir@fobi.ai. The company’s website is www.fobi.ai
Source: Fobi AI
