Tenet Fintech Group Secures $1.5 Million in Private Placement to Accelerate Cubeler Business Hub Expansion Across North America

Private Placement Overview and Pricing Details

On July 17, 2026, Tenet Fintech Group announced the closing of its non-brokered private placement initially revealed on July 13, 2026. The company issued 30 million common shares at $0.05 each, raising $1.5 million in gross proceeds. The increase from the original $1.2 million target was intended to provide additional financial flexibility as the company advances its commercialization strategy.

All shares were issued relying on prospectus exemptions under Canadian securities laws and are subject to a statutory hold period of four months and one day from the closing date, consistent with standard non-brokered private placement regulations in Canada, restricting early resale by investors.

Broker Commissions and Investor Participation

Qualified persons and registered investment dealers, referred to as "Placers," assisted Tenet in the private placement and received a cash finder's fee equal to 5% of the gross proceeds they helped raise, in line with applicable securities regulations. This commission structure is customary in private placements involving third-party investor sourcing.

Notably, no insiders of Tenet Fintech participated in this private placement, underscoring the company's commitment to arm's-length fundraising and indicating that management and existing shareholders did not partake in the offering, which may reflect confidence in the strategic deployment of the raised capital.

Utilization of Proceeds for Cubeler Business Hub Relaunch

Tenet Fintech plans to allocate the net proceeds primarily toward completing the relaunch of its Cubeler Business Hub, targeting small and medium-sized enterprises in the United States and Canada. The Cubeler platform serves as a business development tool operated by Tenet, and its relaunch represents a pivotal growth initiative in the North American market.

Following the initial rollout in the U.S. and Canada, the company intends to integrate Chinese SMEs into the Business Hub. Since early July, Tenet has actively recruited Chinese import-export businesses to establish immediate international trade opportunities for North American SMEs upon the platform's relaunch. This international expansion strategy positions Tenet as a key facilitator of cross-border commerce between North America and China.

North American Commercialization and Capital Raise Rationale

The decision to increase the private placement from $1.2 million to $1.5 million was made to ensure sufficient capital for the commercialization of Tenet's data-driven products across North America. Identified as an innovative analytics provider, Tenet is leveraging technology and data analytics as core competitive advantages.

The timing aligns with the company's active engagement of Chinese import-export firms, signaling management's confidence in market readiness and operational capacity to accelerate commercialization. The mid-campaign increase in offering size suggests either stronger investor demand than anticipated or recognition of additional funding requirements to support the commercialization timeline.

Tenet Fintech’s Market Presence and Business Model

Trading on the Canadian Securities Exchange under ticker PKK and OTC Pink Markets under PKKFF, Tenet Fintech Group has access to Canadian institutional and U.S. retail investors, enhancing its liquidity and investor reach.

As a fintech analytics provider and operator of the Cubeler business development platform, Tenet occupies a niche at the intersection of fintech, business services, and cross-border trade facilitation. Its strategy to connect North American SMEs with Chinese counterparts leverages growing investor interest in digital platforms, data analytics, and international commerce.

Regulatory Compliance and Securities Law Framework

All shares were issued under prospectus exemptions permitted by Canadian securities legislation, enabling capital raising from accredited and eligible investors without full prospectus filings. The four-month and one-day hold period imposed on the shares is a regulatory safeguard to prevent immediate resale and promote market stability, reflecting standard Canadian capital market practices.

Forward-Looking Statements and Risk Considerations

The announcement includes a detailed disclaimer regarding forward-looking statements, highlighting risks such as potential restatements of financial statements, ongoing regulatory matters with the British Columbia Securities Commission (CVMO), including possible partial revocation orders or lifting of trading suspensions, and uncertainties related to the private placement's realization and the company’s financial performance.

Investors are advised to review the company’s regulatory filings for comprehensive risk disclosures, particularly within its management’s discussion and analysis.

Announcement Timeline and Capital Raise Execution

Initially announced on July 13, 2026, with a $1.2 million target, the private placement was increased by 25% to $1.5 million before closing on July 17, 2026, indicating strong investor interest or revised capital needs. The swift four-day timeline from announcement to closing is typical for non-brokered placements leveraging existing investor networks.

The announcement did not disclose immediate effects on Tenet Fintech’s share price; investors should consult independent sources for trading activity around these dates.

International Expansion and Business Development Strategy

By recruiting Chinese import-export companies since early July, Tenet aims to facilitate international trade between North American and Chinese SMEs. The Cubeler Business Hub is designed as a digital infrastructure enabling these cross-border connections, creating a multi-lateral marketplace rather than a simple bilateral link.

This phased approach—launching first in the U.S. and Canada before integrating Chinese participants—allows Tenet to establish operational stability and network effects domestically, potentially minimizing execution risks during the critical relaunch phase.