Ameritrust Financial Technologies Inc. has closed the first tranche of its previously announced brokered offering, raising aggregate gross proceeds of $36,187,200. The offering included the private placement of 20,850 Debenture Units at $1,000 per unit, totaling $20,850,000. Each Debenture Unit consists of a $1,000 senior unsecured convertible debenture and approximately 11,765 common share purchase warrants. The proceeds will be used to support the restart of lease originations in early 2026 and for working capital. The company expects to close a second tranche of the offering in early January 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ameritrust Financial Technologies Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1120522) on December 23, 2025, and is solely responsible for the information contained therein.