Railtown AI Technologies Inc. Announces $2.1 Million Non-Brokered Private Placement
Summary
The engagement is effective immediately unless terminated by either Railtown or Ari & Co. Capital for an initial term of 6 months and includes standard indemnity and confidentiality provisions.Railtown co-founder and CEO Cory Brandolini comments, "Achieving SOC 2 certification marks a significant milestone for our company, showcasing our unwavering commitment to security, transparency, and operational excellence. With this foundation in place, we are poised to enter an exciting new phase of growth, empowering us to deliver even greater value to our customers and stakeholders as we scale. "Railtown AI, a Microsoft Partner, has developed a cloud-based Application General Intelligence Platform called Conductor. Railtowns proprietary AI technology, designed to enable our clients to be more productive and profitable, is accessible on Microsofts Azure Marketplace.Click here to receive our latest investor news alerts.This news release contains forward-looking statements relating to the future operations of the Company and other statements that are not historical facts. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.