Announcement • Apr 12

Secure Blockchain Development Corp. announced that it has received CAD 1.5 million in funding

On April 10, 2026, Secure Blockchain Development Corp closed the transaction. The company announced it has issued 13,333,333 units of the Company at a price of CAD 0.1125 per Unit for gross proceeds of CAD 1,499,999.9625. The Financing included an anchor investment from the Eliza Foundation who subscribed for approximately 50% of the Financing. Each Unit consists of one common share and one half of one common share purchase warrant, with each whole common share purchase warrant entitling the holder thereof to acquire one additional common share of the Company at a price of CAD 0.15 per share until April 10, 2030. The transaction included participation from new investor Sebastian QuinnWatson for 4,485,516 units at an issue price of CAD 504,620.55 and Eliza Foundation 6,485,516 Units was CAD 729,620.55. for CAD 0.1125. The Common Shares acquired in the Share Purchase were acquired at a deemed price of CAD 0.09 per Common Share. After the Closing, the Acquiror owns 6,485,516 Common Shares and 2,242,758 Warrants. If the 2,242,758 Warrants are exercised, the Acquiror will own 8,728,274 Common Shares, representing 25.1% of the Common Shares outstanding on a partially diluted basis. There is a limitation on the Acquiror’s ability to exercise Warrants if the exercise would result in the Acquiror holding in excess of 19.99% of the Common Shares outstanding on a partially diluted basis. Immediately prior to Closing, the Acquiror did not, directly or indirectly, own or control any Common Shares or Warrants of the Company. After Closing (and after the concurrent closings of acquisition and debt settlement transactions by the Company), the Acquiror owns 6,485,516 Common Shares and 3,242,758 Warrants. If the 3,242,758 Warrants are exercised, the Acquiror will own 9,728,274 Common Shares, representing 27.15% of the Common Shares outstanding on a partially diluted basis. There is a limitation on the Acquiror’s ability to exercise Warrants if the exercise would result in the Acquiror holding in excess of 19.99% of the Common Shares outstanding on a partially diluted basis.

Secure Blockchain Development Corp. Stock Price

ID Share Price Performance

ID Community Narratives

Trending Discussion

Recently Updated Narratives

Snowflake Analysis

Secure Blockchain Development Corp. Key Details

About ID

Recent ID News & Updates

Full year 2025 earnings released: US$0.038 loss per share (vs US$0.78 loss in FY 2024)

New major risk - Shareholder dilution

Secure Blockchain Development Corp. announced that it has received CAD 1.5 million in funding

Recent updates

Secure Blockchain Development Corp. Competitors

Clip Money

Hydaway Digital

Predictiv AI

EMERGE Commerce