{"url":"https://newsforagent.com/news/2026-10-16/agereh-technologies-private-placement-600000","markdown_url":"https://newsforagent.com/news/2026-10-16/agereh-technologies-private-placement-600000.md","title":"Agereh Technologies Seeks $600,000 Private Placement","headline":"Agereh Technologies Plans Up to $600,000 Private Placement of 24 Million Units","description":"Agereh Technologies announced a private placement of up to 24 million units at $0.025 each to raise up to $600,000.","section":"Funding","published_at":"2026-10-16T23:26:51+00:00","modified_at":"2026-10-16T23:26:51+00:00","author":"News Desk","key_takeaways":["Agereh Technologies announced a private placement of up to 24 million units at $0.025 per unit for gross proceeds of up to $600,000.","Each unit consists of one common share and one two-year warrant exercisable at $0.05 per share.","Proceeds will fund product development, sales and marketing, and general working capital, subject to TSX Venture Exchange acceptance."],"companies":[{"name":"Agereh Technologies","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0000fqq/agereh-technologies","website":"https://agereh.com"}],"source":{"publisher":"Stock Titan","title":"Agereh Technologies Seeks Up to $600K in Private Placement","url":"https://www.stocktitan.net/news/CRBAF/agereh-technologies-inc-announces-private-placement-offering-of-600-23b40jpohkur.html"},"other_sources":[],"tags":["Funding","Agereh Technologies"],"body_markdown":"[Agereh Technologies](https://akta.pro/company-profiles/0000fqq/agereh-technologies) Inc. announced a private placement of up to 24 million units at $0.025 per unit for gross proceeds of up to $600,000, according to [Stock Titan](https://www.stocktitan.net/news/CRBAF/agereh-technologies-inc-announces-private-placement-offering-of-600-23b40jpohkur.html). The Vancouver-based company said the offering remains subject to acceptance by the TSX Venture Exchange.\n\n## Agereh's Unit Structure and Use of Proceeds\n\nEach unit in the offering consists of one common share and one common share purchase warrant, Agereh said. Each warrant entitles the holder to buy one additional share at $0.05 per share for two years from the date of issue.\n\nThe company said proceeds will be used for ongoing costs tied to product development, sales and marketing, and for general working capital and administrative expenses. All securities issued under the offering, including those issuable on exercise, carry a hold period expiring four months and a day from the date of issuance.\n\nAgereh describes itself as a Canadian artificial intelligence and advanced technology company that delivers AI-enabled platforms and sensor solutions for the transportation industry. The company said it combines data collection, predictive intelligence and data-driven decision-making for transportation and infrastructure applications.\n\n## Agereh's Earlier Funding and Platform Moves\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Agereh closed a non-brokered private placement of secured convertible debentures for CDN$200,000 at a $0.06 conversion price in April 2026. The same records list a private placement of 6.4 million units at $432,625 and eight funding rounds on file.\n\n| Funding round | Date | Amount |\n| --- | --- | --- |\n| Post-IPO equity | 2025-08 | $500,000 |\n| Post-IPO equity | 2025-11 | $432,624 |\n| Post-IPO debt | 2026-04 | $145,190 |\n| Post-IPO debt | 2024-09 | $223,533 |\n\nThe same records show Agereh added native CBRS private LTE/5G support to its HeadCounter platform in June 2026, enabling deployment on U.S. enterprise and airport-controlled private networks.\n\n## Agereh's Board and Advisor Appointments\n\nAgereh appointed John McMullen to its board of directors, effective immediately, Stock Titan reported in September 2026. McMullen brought 30 years of Canadian capital markets and mining finance experience, including launching investment funds and mining corporations.\n\nIn July 2026, Agereh appointed Joseph E. Guarino and Dr. Harry E. Johnson as strategic advisors to support its expansion into airport operations and defence technology markets, Stock Titan reported. The company said CEO Ken Brizel would attend the 2026 ACI-NA Annual Conference & Exhibition in Philadelphia from September 14 to 17, 2026, to meet airport leaders on operational intelligence.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}