Summary by Futu AI
On February 9, 2024, Yaletown Bros. Ventures Ltd, along with individuals Matthew Friesen and Bradley Friesen, filed an amendment to Schedule 13D with the United States Securities and Exchange Commission, indicating a significant ownership stake in Bruush Oral Care Inc. The filing reveals that the group collectively holds approximately 33.85% of Bruush Oral Care's common shares, which includes 43,000,000 common shares issuable upon the exercise of Pre-Funded Warrants and Side Letter Warrants. The Friesens, both Canadian citizens, have substantial control over the investment decisions of Yaletown Bros. Ventures Ltd. The filing also details a recent transaction where the Reporting Persons provided Bruush Oral Care with an additional $200,000 in funding, in exchange for a Side Letter Warrant to purchase 10,000,000 common shares at $0.001 per share...Show More