---
title: "GridAI Technologies Secures $7.79 Million in Private Placements With Warrants"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286459338.md"
description: "GridAI Technologies has secured approximately $7.79 million through two private placements aimed at enhancing liquidity and repaying liabilities. The first placement, signed on May 8, 11, and 12, 2026, raises $2.54 million via common stock and warrants. The second, signed on May 11, 2026, adds $5.25 million with units priced at $2.865. Both transactions include registration rights and are expected to close on May 18, 2026, subject to customary conditions."
datetime: "2026-05-14T20:03:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286459338.md)
  - [en](https://longbridge.com/en/news/286459338.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286459338.md)
generator: "portal-rs"
---

# GridAI Technologies Secures $7.79 Million in Private Placements With Warrants

GridAI Technologies announced two private placements totaling approximately $7.79 million to bolster liquidity and repay certain liabilities. The first, signed across May 8, 11, and 12, 2026, raises $2.54 million via common stock, pre-funded warrants priced at $0.00001 per share, and common warrants that become exercisable after six months at tiered prices. The second, signed May 11, 2026, adds $5.25 million with units priced at $2.865, featuring immediately exercisable five-year common warrants; funding is structured with 20% at closing and 80% upon SEC effectiveness of a resale registration statement. Both transactions include registration rights and are expected to close on May 18, 2026, subject to customary conditions.

**Agreement 1: GridAI Technologies Raises $2.54 Million in Private Placement With Warrants**

-   **Agreement type**: Private placement securities purchase agreements with registration rights
-   **Counterparty**: Purchasers
-   **Signed / Effective**: May 08 2026 / May 18 2026
-   **Duration / Termination**: At will
-   **Reason**: Strengthen liquidity and repay liabilities

**Agreement 2: GridAI Technologies Adds $5.25 Million Private Placement; Funding Tied to SEC Effectiveness**

-   **Agreement type**: Private placement securities purchase agreement with registration rights
-   **Counterparty**: Purchasers
-   **Signed / Effective**: May 11 2026 / May 18 2026
-   **Duration / Termination**: At will
-   **Reason**: Enhance liquidity and reduce liabilities

Original SEC Filing: GridAI Technologies Corp. \[ GRDX \] - 8-K - May. 14, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**