On June 22, 2022, SWMBRD Sports Inc. closed the transaction. The company has amended the terms of the transaction. The company has issued an aggregate of 3,460,000 units at a price of CAD 0.10 per unit for gross proceeds of CAD 346,000.

The transaction included participation from Zimtu Capital Corp. for 1,150,000 units. No finders' fees or commissions were paid in connection with the offering.