On April 18, 2024, BlockchainK2 Corp. closed the transaction. The company has now issued 1,884,437 units at a price CAD 0.265 per Unit for total proceeds of up to CAD 499,375.805. Each Unit Warrant is exercisable to acquire one additional share at an exercise price of CAD 0.40 per unit warrant share until April 18, 2026. All securities issued under and in connection with the Offering are subject to a statutory hold period expiring on August 19, 2024, in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The transaction included participation from new investor Sergei Stetsenko for 553,388 Units comprising 553,388 Shares and 276,694 Unit Warrants for consideration of CAD 146,648. Immediately prior to the closing of the Offering, Stetsenko beneficially owned or controlled 3,737,858 shares and 70,000 Share purchase warrants and 384,806 stock options of the company, which represented approximately 14.2% of the issued and outstanding Shares on a non-diluted basis and, assuming the exercise of the 70,000 Warrants and 384,806 Options, approximately 15.7% of the issued and outstanding shares on a partially diluted basis. Immediately following the closing of the Offering, Stetsenko beneficially owns or controls 4,291,246 shares, 346,694 Warrants and 384,806 Options, representing approximately 15.2% of the issued and outstanding Shares on a non-diluted basis and, assuming the exercise of the 346,694 Warrants and 384,806 Options, approximately 17.4% of the issued and outstanding Shares on a partially diluted basis. The transaction included participation from 8 investors including one existing insider for 553,388 units.

On April 23, 2024, the company announced that the transaction has been approved by the TSX Venture Exchange. The company has received CAD 26,836.1 pursuant to Regulation D from 1 investor.