ThreeD Capital Inc. Issues Early Warning Report in Connection With the Acquisition of Securities of infinitii ai inc.

TORONTO, July 24, 2024 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through the completion of a convertible debenture offering (the “Acquisition”), ThreeD and Sheldon Inwentash (the “Joint Actor”) acquired ownership and control of unsecured convertible debentures (the “Subject Debentures”) of infinitii ai inc. (the “Company” or “infinitii”), convertible into 12,665,400 units of the Company (the “Subject Debenture Units”). Each Subject Debenture Unit consists of one common share (each, a “Subject Convertible Share”) and one warrant for the purchase of one common share (each, a “Subject Convertible Warrant”). As a result of the Acquisition, the percentage ownership held by ThreeD and the Joint Actor increased by greater than 2% from the last early warning report filed in connection with the disposition of infinitii securities, from which ThreeD, along with the Joint Actor, reported a 13.4% ownership on a partially diluted basis, assuming the exercise of warrants, stock options, and convertible debentures held.

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