TORONTO, Oct. 31, 2025 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQX:IDKFF), a Canadian venture capital firm specializing in opportunistic investments in companies in the junior resources and advanced technology sectors, announces that, as a result of the completion of the offering of convertible notes in October 2025 (the “Acquisition”), ThreeD and Park Place Limited, a corporation wholly owned and controlled by Sheldon Inventash (the “Participant”), have acquired ownership and control of the unsecured convertible notes bonds (“Subject Debentures”) of infinitii ai inc. (“Company” or “infinitii”), convertible into 5,000,000 shares of the Company (“Debenture Units”). Each unit of subject notes consists of one common share (each, a “Subject Convertible Share”) and one warrant to purchase one common share (each, a “Subject Convertible Warrant”). As a result of the Acquisition, the percentage ownership of ThreeD and the joint venturer increased by more than 2%, on a partially diluted basis, compared to the last early warning report filed with respect to the securities of Infinitii.
Immediately prior to the Acquisition, ThreeD and the Joint Participant owned and controlled in the aggregate 1,000,000 common stock purchase warrants, 1,000,000 stock options and convertible debentures entitling ThreeD and the Joint Participant to purchase 16,665,400 common shares and 16,665,400 purchase warrants of the Company's common stock, representing 0.0% of all issued and outstanding shares of common stock inifinitii (or approximately 20.2% on a partially diluted basis, subject to the exercise of existing warrants, stock options and convertible notes). Of this amount, ThreeD held convertible notes entitling ThreeD to purchase 15,133,400 common shares and 15,133,400 common share purchase warrants, representing 0.0% of Infinitii's issued and outstanding common shares (or approximately 17.8% on a partially diluted basis, subject to the exercise of existing convertible notes). The Joint Participant held a total of 1,000,000 common stock purchase warrants, 1,000,000 stock options and convertible notes entitling the Joint Participant to purchase 1,532,000 common shares and 1,532,000 common stock purchase warrants, representing 0.0% of the issued and outstanding shares. shares of Infinitii common stock (or approximately 3.5% on a partially diluted basis, assuming exercise of outstanding warrants, stock options and convertible notes).
Immediately following the Acquisition, ThreeD and the Joint Participant own and control in the aggregate 1,000,000 common stock purchase warrants, 1,000,000 stock options and convertible notes entitling ThreeD and the Joint Participant to purchase 21,665,400 common shares and 21,665,400 common stock purchase warrants. of the Company, representing 0.0% of all issued and outstanding shares of the Company's common stock. shares inifinitii (or approximately 24.5% on a partially diluted basis, subject to the exercise of outstanding warrants, stock options and outstanding convertible notes). Of this amount, ThreeD held convertible notes entitling ThreeD to purchase 18,633,400 shares of common stock and 18,633,400 common share purchase warrants, representing 0.0% of Infinitii's issued and outstanding common shares (or approximately 21.1% on a partially diluted basis, subject to the exercise of existing convertible notes). The Joint Participant held a total of 1,000,000 common stock purchase warrants, 1,000,000 stock options and convertible notes entitling the Joint Participant to purchase 3,032,000 common shares and 3,032,000 common stock purchase warrants, representing 0.0% of the issued and outstanding shares. shares of Infinitii common stock (or approximately 5.5% on a partially diluted basis, assuming exercise of outstanding warrants, stock options and convertible notes).
Investments of Company securities held by ThreeD and the Joint Participant are managed for investment purposes. ThreeD and the Joint Participant may increase or decrease their investment in the Company at any time or continue to maintain their current position, depending on market conditions or any other relevant factor.
Subject bonds were purchased for a total of $250,000.
About ThreeD Capital Inc.
ThreeD is a publicly traded Canadian venture capital firm specializing in opportunistic investments in companies operating in the junior resources and advanced technology sectors. ThreeD's investment strategy is to invest in numerous private and public companies in various sectors around the world. ThreeD seeks to invest in promising early-stage companies where it can be a lead investor and can additionally provide investees with advisory services and access to the Company's ecosystem.
For more information:
Matthew Davis, CPA
Chief Financial Officer and Corporate Secretary
[email protected]
Phone: 403-809-1140
The Canadian Securities Exchange has not approved or disapproved of the contents of this press release and is not responsible for its adequacy or accuracy.
