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TORONTO, Sept. 03, 2026 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through a series of transactions (the “Dispositions”) ending in recent weeks, Sheldon Inwentash (the “Joint Actor”) disposed of ownership and control of an aggregate 385,000 common shares (the “Subject Shares”) of the AI/ML Innovations Inc. (“AIML” or the “Company”). The Subject Shares represented approximately 0.13% of all issued and outstanding common shares of AIML at the time of the Dispositions. As a result of the Dispositions, the percentage ownership of the Company held by ThreeD and the Joint Actor decreased by greater than 2% on a partially diluted basis since the last early warning report filed.
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Immediately prior to the Dispositions, ThreeD and the Joint Actor owned and controlled an aggregate of 48,744,200 common shares, and 48,555,000 common share purchase warrants of the Company that are exercisable within the ensuing 60 days (the “Existing Warrants”), and convertible debentures entitling the holder thereof to acquire 15,000,000 common shares and 15,000,000 common share purchase warrants. The holdings of ThreeD and the Joint Actor represent approximately 16.7% of all issued and outstanding common shares of AIML (or approximately 34.4% on a partially diluted basis, assuming exercise of such Existing Warrants and convertible debentures held). Of this total, (i) ThreeD held an aggregate of 27,899,200 common shares and 21,500,000 Existing Warrants, and convertible debentures entitling ThreeD to acquire 10,000,000 common shares and 10,000,000 common share purchase warrants, representing approximately 9.6% of the issued and outstanding common shares of AIML (or approximately 20.9% on a partially diluted basis, assuming exercise of the Existing Warrants and convertible debentures held); and (ii) the Joint Actor held an aggregate of 20,845,000 common shares, and 27,055,000 Existing Warrants, and convertible debentures entitling the Joint Actor to acquire 5,000,000 common shares and 5,000,000 common share purchase warrants, representing approximately 7.2% of the issued and outstanding common shares of AIML (or approximately 17.6% on a partially diluted basis, assuming exercise of the Existing Warrants and convertible debentures held).
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Immediately following the Dispositions, ThreeD and the Joint Actor own and control an aggregate of 48,359,200 common shares, 48,555,000 Existing Warrants, and convertible debentures entitling the holder thereof to acquire 15,000,000 common shares and 15,000,000 common share purchase warrants. The holdings of ThreeD and the Joint Actor represent approximately 16.6% of all issued and outstanding common shares of AIML (or approximately 34.3% on a partially diluted basis, assuming exercise of Existing Warrants and the convertible debentures held). Of this total, (i) ThreeD held an aggregate of 27,899,200 common shares and 21,500,000 Existing Warrants, and convertible debentures entitling ThreeD to acquire 10,000,000 common shares and 10,000,000 common share purchase warrants, representing approximately 9.6% of the issued and outstanding common shares of AIML (or approximately 20.9% on a partially diluted basis assuming the exercise of the Existing Warrants and convertible debentures held); and (ii) the Joint Actor held an aggregate of 20,460,000 common shares and 27,055,000 Existing Warrants, and convertible debentures entitling the Joint Actor to acquire 5,000,000 common shares and 5,000,000 common share purchase warrants, representing approximately 7.0% of the issued and outstanding common shares of AIML (or approximately 17.5% on a partially diluted basis, assuming exercise of the Existing Warrants and convertible debentures held).
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