Spetz Completes $8.5 Million Private Placement

Spetz Inc. has successfully closed the third and final tranche of its non-brokered private placement, raising a total of $8,502,761.50. This final tranche saw the issuance of 796,906 units at $0.50 per unit, bringing in $398,453. Each unit includes one common share and a half warrant, with full warrants allowing the purchase of additional shares at $0.75 within 24 months.

Initially, Spetz issued 16,208,617 units, yielding $8,104,308.50 on May 28 and June 18, 2025. Altogether, 17,005,523 units were issued. The funds are earmarked for working capital, validator expansion, and blockchain infrastructure growth. Commissions of $6,507.18 were paid to securities dealers, who also received non-transferable finders' warrants.

The issued securities feature a four-month holding period, expiring on October 21, 2025. Spetz operates as a gateway to the Sonic blockchain ecosystem, providing investment exposure to staking infrastructure and DeFi strategies.