Alset AI (TSXV:GPUS) Closes $700,000 Private Placement to Boost Cloud Computing

VANCOUVER, BC — December 23, 2025 — Leads & Copy —

Alset AI Ventures Inc. (TSXV:GPUS)(OTC:GPUSF)(FSE:1R60, WKN:A40M0J) has closed a non-brokered private placement offering, raising approximately $700,000. The AI venture company issued 12,727,272 units at $0.055 per unit, according to a press release.

Each unit comprises one common share and one-half of a common share purchase warrant. A whole warrant allows the holder to acquire one common share at C$0.10 until December 23, 2027.

Alset AI plans to use the net proceeds to accelerate the commercialization of its cloud compute business. This includes funding customer acquisition through sales and marketing and advancing near-term revenue milestones, in addition to working capital and general corporate purposes.

Adam Ingrao, CEO of Alset AI, expressed satisfaction with the closing of the private placement, noting the strategic investors share the company’s vision for AI-driven cloud computing solutions. He believes the proceeds will boost commercialization efforts, strengthen customer acquisition, and position Alset AI for revenue growth.

The units were issued under the listed issuer financing exemption under Part 5A of National Instrument 45-106 and in reliance on amendments set forth in Coordinate Blanket Order 45-953, and are not subject to a statutory hold period under Canadian securities laws. The offering is still subject to final approval from the TSX Venture Exchange.

The common shares, warrants, and warrant shares have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold to persons in the United States absent registration or an exemption. The release does not constitute an offer to sell or a solicitation of an offer to buy in any jurisdiction where such an offer would be unlawful.

Alset AI Ventures Inc. is an AI-focused venture investment platform that sources, funds, and develops companies across the artificial intelligence value chain. The company aims to provide investors with diversified exposure to emerging applications and infrastructure in AI technologies.

Investor Relations
Adam Ingrao
Chief Executive Officer
T: 236.312.6744
E: ir@alsetai.com

Source: Alset AI Ventures Inc.

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