Yocale.ai Closes Oversubscribed Strategic Non-Brokered Private Placement
VANCOUVER, British Columbia – TheNewswire - July 10, 2026 – Yocale.ai Inc. (CSE: YAI) ("Yocale.ai" or the "Company"), an operator of an AI-powered operating system and intelligent business data platform for the beauty and wellness industry, is pleased to announce that, further to its news release dated June 30, 2026, it has closed its previously announced targeted strategic non-brokered private placement (the "Offering") for aggregate gross proceeds of approximately $1,735,606.08.
The Offering was originally announced as a focused $1.0 million strategic financing, but in light of the strong response from existing stakeholders and new strategic investors, the Board elected to accommodate additional participation from investors whose involvement aligned with the Company’s long-term vision and the strategic objectives of the Offering.
Aydin Asli, Chief Executive Officer of Yocale.ai, commented:
“We intentionally structured this as a focused strategic financing designed to broaden our shareholder base with long-term investors who share our vision for the Company. The response exceeded the amount originally announced, and the Board elected to accommodate additional participation from investors whose involvement aligned with the objectives of the Offering.
We appreciate the confidence shown in Yocale.ai and remain focused on disciplined execution, accelerating commercialization of our platform, investing in innovation, strengthening our balance sheet and creating long-term shareholder value.”
Pursuant to the Offering, the Company sold 3,615,846 units (the “Units”) at a price of $0.48 per Unit, for aggregate gross proceeds of approximately $1,735,606.08.
Each Unit consisted of one Class A common share of the Company (a "Share") and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to acquire one additional Share at an exercise price of $0.85 per Share for a period of 30 months from the closing date. In accordance with the terms of the Warrants, if the volume weighted average price of the Shares on the Canadian Securities Exchange equals or exceeds $1.25 per Share for twenty consecutive trading days, the Company may accelerate the expiry date of the Warrants by providing notice in accordance with their terms.
In connection with the Offering, the Company paid aggregate cash finder’s fees of approximately $76,202 and issued 83,135 non-transferable finder’s warrants to eligible finders in accordance with applicable securities laws and Canadian Securities Exchange policies. Each finder’s warrant entitles the holder to acquire one Share at an exercise price of $0.85 per Share for a period of 30 months from the closing date, subject to acceleration of the expiry date.
All securities issued pursuant to the Offering are subject to a statutory hold period expiring four months and one day following the closing of the Offering in accordance with applicable securities laws.
The Offering remains subject to final acceptance of the Canadian Securities Exchange.
This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction in which such offer or sale would be unlawful.
Yocale.ai Inc. (CSE: YAI) is the operator of an AI-powered operating system for the beauty and wellness industry, serving businesses from independent salons and med-spas to multi-location enterprise wellness brands. Combining SaaS, embedded fintech, data intelligence, and AI automation within a single configurable platform, Yocale.ai unifies customer acquisition, bookings, payments, client engagement, and day-to-day operations, creating a connected operational data foundation for AI-driven automation and decision support across the business.
Built on more than a decade of technology development through the Yocale platform, the Company’s technology has supported thousands of service providers across more than 22 countries. Yocale.ai is headquartered in Vancouver, British Columbia.
Aydin Asli
Chief Executive Officer
Yocale.ai Inc.
350-889 Harbourside Drive
North Vancouver, British Columbia V7P 3S1
Phone: +1 (855) 996-2253
Email: [email protected]
Website: www.yocale.ai
Cautionary Notes Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding the intended use of the net proceeds of the Offering, commercialization initiatives, platform innovation and product development, strategic growth opportunities, business strategy, future operations, future acquisitions or strategic partnerships, and the Company’s long-term growth objectives.
Forward-looking information is based on management’s current expectations, estimates, assumptions and projections, including assumptions regarding the Company’s ability to deploy the proceeds of the Offering as currently contemplated, execute its business plan, commercialize its technology, continue developing and enhancing its platform, pursue strategic opportunities, maintain adequate financial resources and comply with applicable laws and regulatory requirements.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied, including risks relating to general economic conditions, capital markets, competition, customer adoption, product development, availability of financing, regulatory approvals, execution risk, technology development, the Company’s ability to deploy the proceeds of the Offering as anticipated, and the risks described in the Company’s public disclosure documents available on SEDAR+.
Although the Company believes that the expectations and assumptions reflected in such forward-looking information are reasonable, there can be no assurance that they will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking information. The Company undertakes no obligation to update forward-looking information except as required by applicable securities laws.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.
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