Luxxfolio completes first tranche of private placement, raises $786,080

Luxxfolio Holdings Inc. (CSE: LUXX) (OTCQB: LUXFF) (FSE: LUH0) closed the first tranche of its non-brokered private placement on December 9, 2025, issuing 4,624,000 units at $0.17 per unit for gross proceeds of $786,080.

Each unit consists of one common share and one warrant exercisable at $0.35 per share for 24 months from issuance. The company plans to complete a final tranche of up to $213,920 by the end of January 2026, representing the remaining balance of the previously announced $1 million offering, subject to regulatory approvals and closing conditions.

The Vancouver-based company will use proceeds for general working capital and continued development of its planned Litecoin mining operations. All securities are subject to a four-month and one-day statutory hold period from issuance.

Luxxfolio describes itself as a digital infrastructure and technology company focused on crypto-powered commerce, developing on-chain technologies for stablecoin payments, merchant processing, and self-custody wallets. The company has adopted a Litecoin treasury strategy as part of its long-term vision.

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