Final Bell Holdings International Completes Rights Offering

VANCOUVER, BC - Final Bell Holdings International Ltd. has announced the successful completion of its rights offering. The offering, which expired on September 10, 2024, resulted in the issuance of 89,261,454 Class A Subordinate Voting Shares at $0.015 per share, and 1,627,771 Class B Proportionate Voting Shares at $1.50 per share. This raised approximately $3,780,600, including debt settlements.

The securities sold include 3,308,369 SV Shares and 108,725 PV Shares to insiders under the basic subscription privilege. Additionally, 707,785 PV Shares were issued under the additional subscription privilege. Non-insiders purchased 31,000,230 SV Shares and 597,621 PV Shares under the basic subscription, and 54,952,855 SV Shares and 213,640 PV Shares under the additional subscription.

CEO Robert Meyer expressed pride in the shareholders' trust and noted the strong participation as a vote of confidence in the company’s growth potential. The proceeds will fund debt service requirements and professional fees, supporting Final Bell's product innovation and service model. Final Bell aims to expand its subsidiary, 14th Round, a leader in cannabis vaporization devices.