On May 5, 2024, Anaergia Inc. closed the transaction. The company has issued 36,750,000 units at a price of CAD 0.40 per unit for the gross proceeds of CAD 14,700,000 in its third and final tranche closing. The company has issued total 102,000,000 units at a price of CAD 0.40 per unit for the total gross proceeds of CAD 40,800,000 in the transaction.