10:48 AM EST, 01/09/2026 (MT Newswires) -- Rocket Doctor AI ( AIRDF ) on Friday said it is undertaking a non-brokered private placement for proceeds of a minimum of about $3 million.
The company said the offering will consist of the issuance of 4.3-million units at $0.70 apiece. Each unit will consist of one common share and one common share purchase warrant and each warrant will entitle the holder to buy a share for $0.85 for a one-year period following the closing date, expected on or about Jan. 19, 2026.
The offering is being completed pursuant to the listed issuer financing exemption. Proceeds will be used for digital marketing and customer acquisition expenses, operating and administrative expenses, research and development and for general working capital needs.
Shares of the company were last seen down 7.9% at $0.7 on the Canadian Securities Exchange.
Price: 0.70, Change: -0.06, Percent Change: -7.89