NFT Technologies Inc. announced a private placement 1,170,299 units at a price of CAD 0.15 per unit for the gross proceeds of CAD 175,544.95 on February 24, 2023. Each unit consists of one common share and one common share purchase warrant. The common shares issued pursuant to the private placement are subject to a statutory hold period ending four months and a day from the date of issuance in accordance with applicable securities law.