Impact Analytics Inc. announced a non-brokered private placement of up to 1,550,387 units at a price of CAD 1.29 per unit for total gross proceeds of up to CAD 1,999,999.23 on February 1, 2024. Each unit will be comprised one common share in the capital of the company and one-half of one common share purchase warrant, with each warrant exercisable for a period of one year at a price of CAD 2 per warrant. All units issued as part of this offering will be subject to a standard four-month hold period from the date of issue.

The company may close the offering in one or more tranches. Insider participation in the Private Placement is not anticipated at this time.