Wisr is evolving its AI-powered risk intelligence platform for enterprise, government, and defense markets as demand for agent AI, predictive cyber risk, and sovereign cyber resilience accelerates.
Vancouver, British Columbia–(Newsfile Corp. – June 18, 2026) – Wisr AI Systems Co., Ltd. whistler Wisr AI (“Wisr AI” or the “Company”), a provider of agent AI-powered cyber and third-party risk intelligence solutions, is pleased to provide a company update and announce a non-brokered private placement.
By developing a comprehensive product portfolio, we continue to commercialize our AI-powered risk intelligence platform targeting enterprise, small and medium-sized businesses, regulated industries, government, and defense customers.
product suite
- Risk Intel – Predictive Cyber and Supply Chain Risk Intelligence
- Risk Assure – Third Party Assurance and Trust Center Automation
- Risk Central – Centralized risk management platform
- Dual-use defense platform – Sovereign AI built in Canada for defense and government applications
We intend to capitalize on the growing demand for AI-powered risk intelligence solutions. Industry forecasts predict that the AI agent market will reach USD 182.9 billion by 20331. Meanwhile, growing AI-related cybersecurity threats and increased investment in cyber defense, digital infrastructure, and sovereign technology capabilities continue to drive demand for advanced risk management platforms.
Non-brokered private placement
Wisr AI is pleased to announce a non-brokered private placement of up to 10,000,000 units (the “Units”) at a price of $0.05 per Unit for gross proceeds of up to $500,000 (the “Offering”).
Each Unit consists of one common share of the Company (a “Share”) and one-half of one Common Stock Purchase Warrant (each whole, a “Warrant”). Each warrant entitles the holder to acquire one additional share for a period of 18 months from the closing date of the offering at an exercise price of $0.075 per share. We may pay eligible finders cash commissions of up to 6% of the gross proceeds raised from subscribers referred by such finders and may issue non-transferable finder warrants equal to up to 6% of the units sold to those subscribers. Each finder’s warrant entitles the holder to acquire one share for an 18-month period at an exercise price of $0.05 per share.
All securities issued under this offering are subject to a statutory holding period of four months and one day from the date of issuance, pursuant to applicable securities laws.
Acceleration provisions apply to warrants and warrants of discovery. If the volume-weighted average trading price of our common shares on the Canadian Securities Exchange (the “CSE”) exceeds $0.15 for 10 consecutive business days, we may accelerate the expiration of the subscription rights by providing notice to the holder. In such cases, the warrant will expire 30 days after the date of notification.
This offering is being conducted pursuant to applicable prospectus exemptions and may be completed in one or more tranches. The Company intends to use the net proceeds from this offering to advance the commercialization of the Company’s agent AI-powered risk intelligence platform, support customer acquisition initiatives and provide general working capital. The offering may be completed in one or more installments, with the first closing expected to occur on or about June 30, 2026, and is subject to customary closing conditions, including receipt of all necessary regulatory approvals, including CSE approval.
Board updates
The Company also announces that Mr. Trumbull Fisher and Mr. Riccardo Forno have resigned from the Company’s Board of Directors. We would like to thank Mr. Fischer and Mr. Forno for their service and contributions and wish them the best in their future endeavors.
The Company is pleased to announce the appointment of Mr. Preet Singh and Mr. Ken Osborn to replace Mr. Fisher and Mr. Forno. Mr. Singh has over 15 years of experience in capital markets and corporate development. He is the founder of Thesis Capital, a Canadian advisory firm, and an entrepreneur with a track record of founding, scaling, and exiting ventures in growth sectors. Mr. Singh advises and finances growth-stage companies and brings expertise in strategic transactions, including initial public offering strategies in the North American market.
Mr. Osborne is an experienced capital markets professional with over 10 years of experience advising public and private company transactions. He is currently a general partner at Osborne Partners and holds a Bachelor of Business Administration in Finance and Economics from the University of British Columbia.
We believe the additions of Mr. Singh and Mr. Osborne will strengthen the Board’s capital markets, corporate development, finance and strategic transaction expertise as we advance our commercial growth strategy.
About Wisr AI Systems Inc.
Wisr AI Systems Co., Ltd. whistler is a Vancouver-based technology company building an agent AI platform that predicts, prioritizes, and monitors cyber and third-party risks. Its solutions help companies capture and interpret real-time global signals to more intelligently manage complex vendor ecosystems and supply chains. Wisr AI provides organizations with dynamic risk visibility and actionable intelligence to support stronger cybersecurity governance and operational resiliency.
For more information about Wisr AI, please visit: https://wisraisystems.com.
For more information, please contact us below.
robert goering
chief executive officer
Phone: +1 (778) 200-9005
Email: ir@wisr.ai
The Canadian Securities Exchange has not given any indication of the merits of any matter mentioned herein and has neither approved nor disapproved the contents of this news release.
Forward-looking information:
This news release may contain statements that constitute “forward-looking information” within the meaning of applicable securities laws. This includes statements regarding our plans, intentions, beliefs and current expectations regarding future business activities and performance. Forward-looking information is often identified by the words “may,” “will,” “could,” “should,” “will,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “expects” or similar expressions and includes, among other things, information regarding economic, business and/or competitive factors.
Investors are cautioned that forward-looking information is not based on historical fact, but instead reflects the Company’s management’s expectations, estimates or projections regarding future results or events, which are based on management’s opinions, assumptions and estimates that were believed to be reasonable at the time the statements were made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, undue reliance should not be placed on such information as it involves risks and uncertainties and unknown or unpredictable factors may materially adversely affect the Company’s future results, performance or performance. Principal factors that could cause actual results to differ materially from those anticipated in the forward-looking information include: changes in general economic, business and political conditions, including changes in financial markets; Changes in applicable law. Compliance with extensive government regulations. This forward-looking information may be subject to risks and uncertainties in our business and market conditions.
If one or more of these risks or uncertainties materialize, or if the assumptions underlying the forward-looking information prove incorrect, actual results may differ materially from those intended, planned, anticipated, believed, estimated or anticipated herein. Although the Company has attempted to identify important risks, uncertainties and factors that could cause actual results to differ materially, there may be factors that cause results not to be as anticipated, estimated or intended. The Company does not intend, and undertakes no obligation, to update this forward-looking information except as required by applicable law.
1 https://www.grandviewresearch.com/industry-analysis/ai-agents-market-report
