Recent Updates — GRDX
GridAI Technologies Corp. filed an amendment to its 8-K to correct the allocation of common stock, pre-funded warrants, and common warrants issued in a private placement. The company entered into a securities purchase agreement for approximately $8,500,000 in gross proceeds, selling 108,932 shares of common stock, warrants to purchase up to 1,742,991 shares via pre-funded warrants, and warrants to purchase up to 1,851,923 shares via common warrants at a combined price of $4.59 per unit. GridAI Technologies Corp. operates in the technology sector, providing AI-driven solutions for grid management and energy infrastructure.
GridAI Technologies Corp. entered into a securities purchase agreement on July 1, 2026, to sell 664,598 shares of common stock, pre-funded warrants to purchase 1,187,325 shares, and common warrants to purchase 1,851,923 shares for gross proceeds of approximately $8,500,000. The combined purchase price per unit is $4.59. The company intends to use the net proceeds for general corporate purposes, including acquisitions, debt repayment, and working capital. GridAI Technologies Corp. operates in the technology sector and provides AI-driven grid management solutions.