Wisr AI Systems Announces Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - March 6, 2026) - Wisr AI Systems Inc. (CSE: WISR) (the "Company"), a provider of agentic AI-powered risk intelligence solutions, announces a non-brokered private placement of up to 16,00,000 units (each, a "Unit") at a price of $0.05 per Unit for aggregate gross proceeds of up to $800,000 (the "Offering"). Each Unit consists of one common share of the Company (a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to purchase one additional Share at an exercise price of $0.075 per Share for a period of 18 months from the closing date of the Offering.

The Offering is being conducted under the listed issuer financing exemption pursuant to Part 5A of National Instrument 45-106 Prospectus Exemptions (the "LIFE Exemption"), with the result that the Shares and Warrants will not be subject to a statutory hold period under Canadian securities laws. The Company may pay eligible finders (each, a "Finder") a cash commission equal to 7% of the gross proceeds raised from purchasers introduced by such Finders, and may also issue to those Finders non-transferable warrants (each, a "Finder's Warrant") equal to 7% of the number of Units sold to such purchasers. Each Finder's Warrant will entitle the holder to acquire one Share at an exercise price of $0.05 per Share for a period of 18 months from the date of issuance.

Both the Warrants and the Finders' Warrants are subject to acceleration in certain limited circumstances. If the daily volume-weighted average trading price of the Shares on the Canadian Securities Exchange (the "CSE") exceeds $0.15 for a period of 10 consecutive trading days, the Company may provide written notice to the holders of the Warrants and the Finder's Warrants that the warrants will expire at 5:00 p.m. (Vancouver time) on the 30th day following the provision of such notice. Any Warrants or Finder's Warrants remaining unexercised at that time will automatically expire.

There is an offering document related to the Offering that can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at https://wisraisystems.com. Prospective investors should review the offering document prior to making an investment decision.

The Company intends to allocate the proceeds of the Offering toward the commercialization of its Agentic AI platform, customer acquisition initiatives, and general corporate purposes. The Offering may close in tranches, with the initial tranche expected to close on or about March 27, 2026, subject to standard conditions including the receipt of all necessary approvals, such as the approval of the CSE.

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