On May 17, 2023, Hypercharge Networks Corp. closed the transaction. The transaction included participation from Wallace Hill Partners Ltd. for 714,285 units, Commodity Capital, returning investor, North King Capital inc along with individual investor, Harrison Newlands for an aggregate of 29,102 units and a third-party advisor of the company for 238,095 units along with several strategic institutional investors.

The company paid a cash fee of CAD 27,362.40 to certain finders in connection with the transaction.