On March 14, 2024, LifeSpeak Inc. closed the transaction. The company has now issued 8,096,588 common shares at a price of CAD 0.60791 per share for aggregate gross proceeds of CAD 4,921,996.81108. Pursuant to applicable Canadian securities laws, the common shares will be subject to a hold period of four months and one day following the closing date.

The transaction included participation from new individual investors Michael Held for 1,644,980 shares of common stock at a price of CAD 0.60791 per share for total consideration of CAD 999,999.79 and Nolan Bederman for 822,490 common shares at a price of CAD 0.60791 per share for total consideration of CAD 499,999.90. Prior to the Held Transaction, Held had ownership of, or control or direction over 10,265,915 shares representing 20.16% of the then issued and outstanding shares and held vested options exercisable into shares to acquire an additional 933,333 shares. If the Held Options were exercised, Held would have had beneficial ownership of or control or direction over, 11,199,248 shares, representing 21.60% of the then outstanding shares.

Following the Held Transaction, Held has ownership or control over 11,910,895 shares representing 20.14% of the currently issued and outstanding shares. If the vested Held Options are exercised, Held will have beneficial ownership of, or control or direction over 12,844,228 shares, representing 21.38% of the then outstanding shares. Prior to the Bederman Transaction, Bederman had ownership of, or control or direction over 4,867,684 shares representing 9.56% of the then issued and outstanding shares and held vested options exercisable into shares to acquire an additional 933,333 shares.

If the Bederman Options were exercised, Bederman would have had beneficial ownership of, or control or direction over, 5,801,017 shares, representing 11.19% of the then outstanding shares. Following the Bederman Transaction, Bederman has ownership or control over 5,690,174 shares representing 9.62% of the currently issued and outstanding shares. If the vested Bederman Options are exercised, Bederman will have beneficial ownership of, or control or direction over, 6,623,507 shares, representing 11.03% of the then outstanding shares.

The company has received $318,235 (CAD 430,148.70245) from 4 investorS pursuant to exemption provided under Regulation D.