Vanta Holdings Announces $5 Million Private Placement to Fuel Growth

Vanta Holdings Inc., a company based in Vancouver specializing in beverages and nutraceuticals, announced a strategic private placement. This financing effort, set for up to $5 million, involves issuing up to 2,380,952 units at $2.10 per unit. Each unit comprises one common share and one purchase warrant, with warrants allowing acquisition of another share for $3.00 within 24 months.

The funds are allocated to business growth initiatives, debt payments, and operational needs. The closing is expected around March 15, 2026, subject to regulatory compliance. Insiders may participate, leveraging exemptions to avoid formal valuations or minority approvals.

Securities under this placement are restricted from U.S. markets unless exceptions apply. This move highlights Vanta's aim to bolster its financial and corporate strategy.