On July 3, 2024, dynaCERT Inc. closed the transaction. The company has issued 7,232,667 units at a price of CAD 0.15 per unit for the gross proceeds of CAD 1,084,900.05 in its second and final tranche closing. The company has now issued total 20,000,000 units at a price of CAD 0.15 per unit for the gross proceeds of CAD 3,000,000 in the transaction.

All of the securities issued under this second tranche closing including all underlying securities are subject to a statutory hold period of 4 months plus 1 day that will expire on November 4, 2024. The company paid no finders fees nor compensation warrants in connection with the second tranche closing.