Annuncio • May 01
Grounded People Apparel Inc. announced that it expects to receive CAD 2 million in funding Grounded People Apparel Inc. announced a private placement of 13,333,333 subscription receipts at an issue price of CAD 0.15 for total gross proceeds of CAD 1,999,999.95 on April 29, 2026. Each subscription receipt will entitle the holder thereof, upon satisfaction or waiver of the applicable escrow release conditions, to receive one unit of the company, with each unit comprised of one common share and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one common share at an exercise price of CAD 0.17 per warrant share for a period of thirty-six months from the date of issuance. The subscription receipts issued in connection with the offering will be subject to a statutory hold period of four months from the date of issuance, in accordance with applicable Canadian securities legislation. The offering remains subject to the approval of the CSE. Annuncio • Feb 06
Grounded People Apparel Inc. announced that it expects to receive CAD 1 million in funding Grounded People Apparel Inc. announced a non-brokered private placement (the “Private Placement”) of up to 10,000,000 units (the “Units”) at a price of $0.10 per Unit, for gross proceeds of up to CAD 1,000,000 on February 5, 2026. Each Unit shall consist of one common share (each a “Share”) and one-half common share purchase warrant with each (whole) Warrant entitling the holder to purchase one Share at an exercise price of CAD 0.12 for a period of 36 months. The Private Placement is subject to customary conditions, including receipt of all necessary regulatory approvals, including approval of the Canadian Securities Exchange. All securities issued will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws. New Risk • Jan 25
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$14.1m (US$9.86m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (21% average weekly change). Market cap is less than US$10m (CA$14.1m market cap, or US$9.86m). Annuncio • Jan 04
Grounded People Apparel to Pursue Innovation of Shoe Market with New ‘Oyum Snap’ System, Files for Trademark Registration and Prepares for Patent Protection Grounded People Apparel Inc. announced that it is developing the ‘Oyum Snap' system (the "Technology"), a proprietary customization-focused innovation aimed at reshaping the shoe market. The Company has filed for trademark registration and is in the process of securing patent protection for this Technology. The ‘Oyum Snap' system is a feature that will allow customers to transform the look of their shoes with interchangeable elements, primarily located on the soles, specifically the heel area. The customizable elements attach securely through the proprietary ‘Oyum Snap' mechanism, enabling users to snap on personalized words, colours, and designs to align with personal preferences or support causes they care about. These interchangeable parts, which will be available for purchase separately, will allow customers to create unique designs or messages tailored to their individual preferences, charitable affiliations, or special occasions. The Company will aim to collaborate with influential personalities by offering their unique expressions, graphics or slogans for customers to purchase. The modular design will also make it possible to refresh or reinvent a pair of shoes, making them more versatile and appealing over time by allowing for style updates that encourage continued use. Grounded People has engaged legal counsel to oversee the patent application process, with the aim of protecting the unique design and functional elements of the ‘Oyum Snap' system. This step demonstrates the Company's proactive approach to safeguarding its intellectual property as it continues to push the boundaries of modern footwear. Annuncio • Nov 21
Grounded People Apparel Inc. announced that it has received CAD 0.6555 million in funding On November 20, 2024, Grounded People Apparel Inc. closed the transaction. The company announced that it has issued 1,150,000 units at a price of CAD 0.57 per Unit for gross proceeds of CAD 655,500. Each Unit consists of one common share and one transferable Share purchase warrant. Each Warrant entitles the holder to purchase one Share of the Company for a period of five years from issuance at a price of CAD 0.71 per Share. Pursuant to applicable securities laws, all securities issued under the Private Placement are subject to a statutory hold period until March 21, 2025. Annuncio • Sep 17
Grounded People Apparel Inc., Annual General Meeting, Nov 19, 2024 Grounded People Apparel Inc., Annual General Meeting, Nov 19, 2024. Location: british columbia, vancouver Canada Annuncio • Aug 13
Grounded People Apparel Inc. announced that it has received CAD 0.61 million in funding from Right Season Investments Corp. and other investors On August 12, 2024, Grounded People Apparel Inc., closed the transaction. The company issued 1,016,667 units at a price of CAD 0.60 per unit for the gross proceeds of CAD 610,000. The transaction will include participation from returning investor, Right Season Investments Corp. acquiring 166,667 units for CAD 100,000.2 and other investors. As a part of the transaction, the company issued 10,167 shares Amalfi Corporate Services Ltd. (“Amalfi”) as an administrative fee. Annuncio • Jul 10
Grounded People Apparel Inc. announced that it expects to receive CAD 2 million in funding Grounded People Apparel Inc. announced a non-brokered private placement to issue 3,333,333 units at an issue price of CAD 0.60 per unit for the gross proceeds of CAD 1,999,999.8 on July 9, 2024. Each Unit will consist of one common share and one transferable Share purchase warrant. Each Warrant will entitle the holder to purchase one additional Share of the Company for a period of five years from issuance, at a price of CAD 0.75 per Share. The closing date of the Private Placement is expected to occur on or around August 23, 2024. Annuncio • Apr 10
Grounded People Apparel Inc. announced that it expects to receive CAD 3 million in funding Grounded People Apparel Inc. announced a non-brokered private placement of 3,750,000 units at a price of CAD 0.80 per unit for the gross proceeds of CAD 3,000,000 on April 9, 2024. Each unit will consist of one common share and one transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional Share of the company for a period of five years from issuance, at a price of CAD 1 per warrant share. Closing of the first tranche of the Private Placement is anticipated to occur on or about April 17, 2024. Pursuant to applicable securities laws, all securities issued under the Private Placement will be subject to restrictions on resale for a period of four months and one day. The company will issue shares equal to 2% of the number of units issued in the Private Placement to Amalfi Corporate Services Ltd. as an administrative fee for Amalfi’s assistance with the Private Placement. The company does not anticipate paying any finder’s fees related to the Private Placement. New Risk • Feb 27
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shares are highly illiquid. Minor Risks Shareholders have been diluted in the past year (5.8% increase in shares outstanding). Market cap is less than US$100m (CA$18.4m market cap, or US$13.6m). Annuncio • Dec 20
Grounded People Apparel Inc. announced that it expects to receive CAD 0.9962 million in funding Grounded People Apparel Inc. announced a non brokered private placement to issue 2,621,579 units at a price of CAD 0.38 per unit for the gross proceeds of CAD 996,200.02 on December 19, 2023. Each Unit will consist of one common share and one common share purchase warrant. Each Warrant will entitle the holder, on exercise, to purchase one Share for a period of five years following the closing date of the Financing at the exercise price of CAD 0.50 per Share. The Company does not anticipate paying any finder’s fees related to the Financing. Closing of the proposed Financing is anticipated to occur on or about December 27, 2023, and the Financing remains subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the Canadian Securities Exchange. Pursuant to applicable securities laws, all securities issued under the Financing will be subject to a statutory hold period of four months and one day. New Risk • Oct 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.2m (US$9.65m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shares are highly illiquid. Market cap is less than US$10m (CA$13.2m market cap, or US$9.65m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding). Board Change • Oct 03
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. was the last director to join the board, commencing their role in . The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Sep 17
Grounded People Apparel Inc., Annual General Meeting, Nov 15, 2023 Grounded People Apparel Inc., Annual General Meeting, Nov 15, 2023. Board Change • Aug 29
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. was the last director to join the board, commencing their role in . The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Jan 21
Grounded People Apparel Inc. to Launch its São Paulo, Unisex Shoe Collection on March 17, 2023 Grounded People Apparel Inc. announced that it will launch its São Paulo, unisex shoe collection (the "Collection") on March 17, 2023. To coincide with the launch of the Collection, the Company will also implement an industry-disrupting five-year warranty program (the "Warranty Program"), guaranteeing the integrity of Grounded People footwear products against manufacturer defects, and providing customers with a commitment to replace their shoes should any defects result. The launch of the Collection and the introduction of the Warranty Program marks the brand's first year in business and comes on the heels of the Company's January 13, 2023, announcement of a $2.5 million cash investment in the brand, led by Vancouver-based Right Season Investments. Following a year of pre-launch sales and consumer feedback the Company has transformed feedback received into product adjustments that have resulted in a ‘quality guaranteed' collection the Company is confident in and is backing with an industry-disrupting five-year warranty program. The São Paulo unisex shoe collection will range in price from USD 219.00 to USD 229.00, will be available in black and khaki, and feature extra-durable outsoles made from used car tires (black) or volcanized natural rubber (khaki) to provide improved comfort and traction, all-metal D hooks to provide reliability when consumers go to lace up, and 100% recycled cotton increasing the Company's preservation of valuable natural resources. The Collection, named in recognition of São Paulo, Brazil, the state in which the shoes are produced, was specifically designed to break barriers in the sustainable fashion industry with the introduction of a shoe that allows consumers to live a more environmentally conscious lifestyle without having to sacrifice comfort or style. Like all Grounded People products, each shoe making up the Collection is made with recycled materials, and a portion of each sale will be donated to one of the Company's globally partnered charities through its LACES program (Learn to Achieve and Create Everlasting Sustainability). The new five-year Warranty Program exemplifies the Company's commitment to its consumers and complements the integrity of the products it produces. The Program also ‘goes the distance' in fostering long lasting relationships with customers, and ensures customers get the most out of their shoes with complete peace of mind. Grounded People knows that the provision of warranty-backed products is key to customer retention, can bolster customer referrals, and will help broaden the Company's consumer-base and brand. Annuncio • Jan 14
Grounded People Apparel Inc. announced that it has received CAD 2.5 million in funding from Right Season Investments Corp. Grounded People Apparel Inc. announced the it has closed a non-brokered private placement of up to 4,464,286 units at a price of CAD 0.56 per unit for gross proceeds of up to CAD 2,500,000 on January 13, 2023. The transaction included participation from returning investor Right Season Investments Corp. Each unit consists of one common share and one warrant. Each whole warrant will entitle the holder to purchase one common share at an exercise price of CAD 0.70 per share at any time within 2 years after closing. The company issued 44,643 common shares to a third-party in consideration for administrative services rendered in support of the private placement. All securities to be issued in the transaction will be subject to a 4 month and one day hold period. Board Change • Nov 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. was the last director to join the board, commencing their role in . The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Nov 06
Grounded People Apparel Inc. announced that it has received CAD 0.25 million in funding Grounded People Apparel Inc. announced a non-brokered private placement of 347,222 units at an issue price of CAD 0.72 per unit for gross proceeds of CAD 249,999.84 on November 4, 2022. Each unit consist of one common share and one transferable share purchase warrant to acquire an additional common share for a term of two years from issuance at a price of CAD 0.90 per share. All securities issued under the financing are subject to a statutory hold period of four months and a day, expiring on March 5, 2023. 