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Route1 raised C$94,000 in its final private placement, totaling C$328,250, to develop its AI-powered parking software, Version 4.0, set for early 2026.
Route1 Inc. (TSXV: ROI) completed the final tranche of its non-brokered private placement on December 15, 2025, raising C$94,000 and bringing total proceeds to approximately C$328,250.
The funds will support development of Route1’s AI-powered Actionable Business Intelligence software, Version 4.0 – AI Co-Pilot, set for early 2026 release.
The tool, designed for parking operations, uses on-premises machine learning and real-time data to enable predictive compliance, adaptive staffing, and strategic planning.
Company management participated in the offering, purchasing about 20.7% of the units, a related-party transaction exempt from certain regulatory requirements.
All securities are subject to a four-month hold period ending April 16, 2026, with no finder’s fees paid.
Route1 recaudó 94,000 dólares canadienses en su colocación privada final, por un total de 328,250 dólares canadienses, para desarrollar su software de estacionamiento impulsado por IA, versión 4.0, previsto para principios de 2026.