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Therma Bright Announces Shares for Debt Issuance to Include Portfolio Company AI4LYF & IR Agreement

Therma Bright Announces Shares for Debt Issuance to Include Portfolio Company AI4LYF & IR Agreement

Therma Bright宣佈股份抵債發行包括組合公司AI4LYF和IR協議
newsfile ·  09/18 18:00

Toronto, Ontario--(Newsfile Corp. - September 18, 2024) - Therma Bright Inc. (TSXV: THRM) (OTCQB: TBRIF) ("Therma Bright" or the "Company"), a developer and investment partner in a wide range of leading-edge, proprietary diagnostic and medical device technologies, announces that AI4LYF has agreed to participate in a shares for debt transaction which progresses the Company's contractual obligation to AI4LYF while preserving cash.

安大略省多倫多——(新聞資訊機構公司-2024年9月18日)- Therma Bright Inc.(tsxv: THRM)(OTCQB: TBRIF)("Therma Bright"或"公司")是一家開發商和投資合作伙伴,致力於領先的專有診斷和醫療器械技術的公司,宣佈AI4LYF已同意參與一項股份債務交易,從而推動了公司對AI4LYF的合同義務,並保留了現金。

Therma Bright is the global exclusive license holder of the innovative AI-powered Digital Cough Technology (DCT) which was created by AI4LYF and funded by Therma Bright As shared in August 2024, the DCT is currently being considered as a partner technology for a new, innovative, and disruptive chronic cough drug U.S.-based clinical trial. Furthermore, the Company, along with AI4LYF, is pursuing U.S. Food and Drug Administration (FDA) 513(g) request to obtain information regarding the classification and regulatory requirements for this AI-powered technology to be used as a remote therapeutic monitoring (RTM) solution. In a 2023 Precedence Research report, the "global respiratory monitoring devices market size accounted for USD $1.50 billion in 2022, and it is expected to hit around USD 2.99 billion by 2032".

Therma Bright是全球創新的AI供電數字咳嗽技術(DCT)的獨家許可證持有人,該技術由AI4LYF創建並由Therma Bright提供資金支持。正如2024年8月分享的,DCt目前正被考慮作爲總部位於美國的新、創新且具有顛覆性慢性咳嗽藥物的合作技術的伴侶技術。此外,公司與AI4LYF一起,正在尋求美國食品和藥物管理局(FDA)513(g)申請,以獲取關於該AI供電技術用作遠程治療監測(RTM)解決方案的分類和監管要求的信息。根據一份2023年Precedence Research報告,「全球呼吸監測設備市場規模在2022年達到15億美元,預計到2032年將達到約299億美元」。

The Company has negotiated debt settlements with arm's length and non-arm's length creditors. Pursuant to the debt settlements it has arranged, and subject to acceptance by the TSXV, the Company proposes to settle aggregate debt of $404,500 in consideration for which it will issue an aggregate of 5,056,250 common shares at a deemed price of $0.08 per share with AI4LYF participating for CAD $280,000 making up the bulk of the shares for debt issuance.

公司已與長期和非長期債務人達成債務和解。根據其安排的債務和解,並經tsxv接受,公司擬結算總計404,500美元的債務,併發行總計5,056,250股普通股,發行價爲每股0.08美元,其中AI4LYF參與了28萬加元,佔股份債務發行的大部分。

Directors and officers are participating in the debt settlement transactions and will receive an aggregate of 593,750 shares in consideration for settlement of an aggregate $47,500 debt. Participation by directors and officers will constitute a "related party transaction" as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Such participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the securities that may be acquired by the insiders, nor the consideration for the securities that will be paid by such insiders, is expected to exceed 25% of the Company's market capitalization.

董事和高管將參與債務結算交易,並收到總計593,750股作爲解決總計47,500美元債務的對價。董事和高管的參與將構成根據《多邊法》第61-101號《保護少數股東特別交易措施》定義的「關聯交易」。預計此類參與將豁免《多邊法》第61-101號的正式估值和少數股東批准要求,因爲預計取得的證券的公平市值,以及由此類內部人支付的證券對應的對價,都不會超過公司總市值的25%。

All securities issued under the debt settlements will be subject to a hold period expiring four months and one day from their date of issuance.

所有債務結算所發行的證券將受到爲期四個月零一天的持有期限限制。

"We are pleased to announce that AI4LYF has agreed to participate in this shares for debt transaction shared Rob Fia, CEO of Therma Bright. "This reduces the overall progress payments due to AI4LYF and improves our balance sheet. AI4LYF is expressing their confidence in Therma Bright and the potential for the investment over time."

「我們很高興地宣佈,AI4LYF同意參與這次股份換債交易,」 Therma Bright的首席執行官Rob Fia分享道,「這減少了AI4LYF應付的總進展款項,並改善了我們的資產負債表。AI4LYF對Therma Bright以及投資未來的潛力表示了他們的信心。」

The Company also announces that it has entered into an arm's length agreement with WIRED IR LLC ("WIRED") of Sheridan, Wyoming, to provide investor relations and marketing services to enhance the Company's exposure within the investment community, including marketing services through social media channels and online media distribution.

公司還宣佈,與位於懷俄明州謝里登的WIRED IR LLC(「WIRED」)達成了一項異地協議,提供投資者關係和營銷服務,以提高公司在投資社區內的曝光度,包括通過社交媒體渠道和在線媒體分發的營銷服務。

Pursuant to the agreement, Therma Bright indicated its intent to allocate an average budget of $25,000 per week starting from September 16, 2024. WIRED recommended a minimum commitment of two months or $200,000, however, Therma Bright is not obligated to adhere to WIRED's recommendation and may adjust the budget at its discretion. The Company is not obligated to continue with the budget, if it determines the services are not effective and may discontinue the budget allocation at its sole discretion without any penalties. WIRED has no direct relationship with the Company other than as set out in this press release.

根據協議,Therma Bright表示其打算從2024年9月16日起,平均每週分配25000美元的預算。WIRED建議承諾至少兩個月或20萬美元的預算,然而,Therma Bright不必遵守WIRED的建議,並且可以自行決定調整預算。如果公司確定所提供的服務不起作用,公司不需要繼續使用預算,也可以自行決定終止預算分配,而不會受到任何處罰。WIRED與公司除了本新聞稿中所述的關係之外,沒有其他直接關係。

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.

本新聞稿不構成在美國銷售或購買任何證券的要約。該證券未按照《1933年證券法案》(以下簡稱「1933年法案」)或任何州證券法案進行註冊,且不得在美國境內或向美國人(根據1933年法案的定義)出售或提供,除非依據1933年法案和適用的州證券法規進行註冊或免於註冊。

About Therma Bright Inc.
Therma Bright is a developer and partner in a wide range of leading edge, proprietary diagnostic and medical device technologies focused on providing consumers and medical professionals with quality, innovative solutions that address some of today's most important medical and healthcare challenges. Therma Bright Inc. trades on the (TSXV: THRM) (OTCQB: TBRIF) (FSE: JNX). Visit: .

Therma Bright Inc.簡介:Therma Bright是一家開發商和合作夥伴,在各種領先的專有診斷和醫療器械技術方面致力於爲消費者和醫療專業人士提供質量卓越,創新的解決方案,以應對當今最重要的醫療和醫療保健挑戰。在TSXV:THRM,OTCQB:TBRIF,FSE:JNX上交易。訪問:。
Therma Bright Inc.

About AI4LYF
AI4LYF is an innovative smart-health company with a mission to transform lives through deep intelligence. Having pioneered DCT, it is also working on AI based novel solutions that have potential to change the "Reactive Sick care" into "predictive, preventive, personalized health care" for fuller and longer lives for all.

關於AI4LYF:AI4LYF是一家創新的智能健康公司,旨在通過深度智能改變生活。該公司開創了數字咳嗽技術(DCt),並致力於研發AI-based新穎解決方案,有潛力將「反應性疾病保健」轉變爲「預測性、預防性、個性化健康保健」,爲所有人提供更豐富和更長久的生命。
本新聞稿中的某些陳述構成「前瞻性」陳述。這些陳述涉及未來事件,如新聞稿中所述的DCt和相關技術的商業化。所有這些陳述都涉及相當大的已知和未知風險、不確定性和其他因素,這些因素可能導致實際結果與這些前瞻性陳述所表達的結果有所不同。前瞻性陳述涉及重大風險和不確定性,它們不應被視爲未來績效或結果的保證,它們不一定是能夠準確表明是否能夠實現這樣的結果的準確指標。由於幾個因素和風險,實際結果可能會有所不同。儘管本新聞稿中的前瞻性陳述是管理層在本新聞稿發佈之日基於其所認爲的合理假設所做的,但公司無法保證投資者實際結果將與這些前瞻性陳述一致。本新聞稿中包含的前瞻性陳述是截至此時此刻所做的,並且公司不承諾有意義的更新或修改任何前瞻性陳述,無論是因爲新信息、未來事件還是其他原因,除了適用的證券法規要求外。

Therma Bright Inc.
Rob Fia, CEO
rfia@thermabright.com

Rob Fia,首席執行官
rfia@thermabright.com
rfia@thermabright.com

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FORWARD-LOOKING STATEMENTS
Certain statements in this news release constitute "forward-looking" statements. These statements relate to future events such as the potential for Therma Bright's shares and related information as described in the news release. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. Forward-Looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results, and they will not necessarily be accurate indications of whether such results will be achieved. Actual results could differ materially from those anticipated due to several factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements whether because of new information, future events or otherwise, except as required under applicable securities regulations.

前瞻性聲明
本新聞稿中的某些聲明構成"前瞻性"聲明。這些聲明涉及未來事件,例如在新聞稿中描述的Therma Bright股票及相關信息的潛力。所有這些聲明涉及重大已知和未知風險、不確定因素和其他因素,可能導致實際結果與這些前瞻性聲明所表達或暗示的結果不同。前瞻性聲明涉及重大風險和不確定性,不應被視爲對未來業績或結果的保證,它們不一定會準確表明是否會實現這樣的結果。實際結果可能因多種因素和風險而有重大差異。儘管本新聞稿中包含的前瞻性聲明基於公司管理層在本新聞稿日期認爲合理的假設,但公司不能保證實際結果與這些前瞻性聲明一致。本新聞稿中包含的前瞻性聲明截至本日起生效,公司否認因新信息、未來事件或其他原因而有任何更新或修正前瞻性聲明的意圖或義務,除非適用證券法律要求。

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

TSX Venture Exchange及其監管服務提供商(如TSX Venture Exchange政策中所定義)對本新聞稿的充分性或準確性不承擔責任。

Not for distribution to United States newswire services or for dissemination in the United States.

請勿將本文轉讓給美國新聞社或在美國進行傳播。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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