On October 17, 2023, RESAAS Services Inc. closed the transaction. The company issued 4,150,000 units for gross proceeds of CAD 1,328,000 in the transaction. Each whole warrant entitles the holder thereof to acquire one common share until October 17, 2024. The transaction included participation from certain insiders of the company for 1,375,000 units. The transaction was oversubscribed.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 18 placees and 4 existing insiders for 1,375,000 units.