Wisconsin Business Press
SEE OTHER BRANDS

Keeping up with business and economy news from Wisconsin

Humanoid Global Announces Increase in Private Placement

– NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES –

Vancouver, BC, July 16, 2025 (GLOBE NEWSWIRE) --  Humanoid Global Holdings Corp. (formerly, New Wave Holdings Corp.) (“Humanoid Global” or the “Company”) (CSE:ROBO, FWB:0XM1, OTCPK:RBOHF) is pleased to announce, further to its news release on June 23, 2025, due to added interest, it is increasing the maximum amount to be raised under its previously announced non-brokered private placement of units of the Company (the "Units") from 10,000,000 Units to up to a maximum of 10,500,000 Units at a price of $0.30 per Unit, for aggregate gross proceeds up to $3,150,000 (the “Offering”).

Each Unit will consist of one common share in the capital of the Company (a “Share”) and one transferrable common share purchase warrant (a “Warrant”).  Each Warrant will entitle the holder to purchase one additional Share at a price of $0.35 for a period of 24 months from the closing of the Offering.

In connection with the Offering, the Company will pay finders’ fees of up to 7.0% of the gross proceeds raised by the Company from the sale of Units to subscribers directly introduced to the Company by eligible finders. In addition, the Company will issue to eligible finders non-transferable finders’ warrants of up to 7.0% of the number of Units sold in the Offering.  Each finders’ warrant will entitle the holder to acquire one Share at a price of $0.35 per Share for a period up to 24 months from the date of issuance, all in accordance with the policies of the Canadian Securities Exchange (“CSE”).

The Company intends to use the proceeds for corporate development, marketing, and general working capital. Completion of the Offering is subject to certain conditions including receipt of all necessary corporate and regulatory approvals, including the CSE. All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation and the policies of the CSE. The Offering is not subject to a minimum aggregate amount of subscriptions.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.  The securities being offered have not been, nor will they be, registered under the 1933 Act or under any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act, as amended, and applicable state securities laws.

ABOUT HUMANOID GLOBAL HOLDINGS CORP.

Humanoid Global Holdings Corp. (CSE: ROBO, FWB: 0XM1, OTCPK: RBOHF) is an investment issuer that has been focused on supporting innovative and fast-growing companies within the e-sports, Artificial Intelligence, Blockchain, and Web3 sectors.

Investors interested in connecting with Humanoid Global can learn more about the Company by contacting Geoff Balderson, Chief Financial Officer.

For further information please contact: Geoff Balderson, Chief Financial Officer, Humanoid Global Holdings Corp., (604) 602-0001.

ON BEHALF OF THE BOARD OF DIRECTORS

Anthony Zelen
Director

The CSE does not accept responsibility for the adequacy or accuracy of this release.

This press release includes "forward-looking information" that is subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Forward-looking statements may include but are not limited to, statements relating to the completion of the Offering on the terms described herein or at all, and the use of proceeds and available funds following the completion of the Offering and are subject to all of the risks and uncertainties normally incident to such events.  Investors are cautioned that any such statements are not guarantees of future events and that actual events or developments may differ materially from those projected in the forward-looking statements.  Such forward-looking statements represent management's best judgment based on information currently available.  No securities regulatory authority has either approved or disapproved of the contents of this news release.  The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.


 

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms of Service