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ALEEN INC. — Share Issue/Capital Change 2025
Jul 18, 2025
48386_rns_2025-07-18_fff8bcce-f74c-4d3e-8413-d8a1b4ba71d7.pdf
Share Issue/Capital Change
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Aleen
Aleen Inc. Announces Issuance of Shares to Chief Operating Officer and Director
ONTARIO, CANADA – July 16, 2025 – Aleen Inc. (the “Company”) (CSE: ALEN) announces that, pursuant to board approval granted on July 14, 2025, it will issue a total of 200,000 common shares of the Company (the “Shares”) to its Chief Operating Officer and Director, Neil Foran, as part of the officer’s management arrangement.
The Shares will be issued on July 16, 2025, and will be placed in escrow in accordance with the terms of the Company’s initial Escrow Agreement dated April 14, 2025, and the Amendment to the Escrow Agreement dated July 14, 2025. The issuance is being made as compensation for services rendered and is not subject to any cash consideration. The Shares will be reflected in the Company’s share register upon completion of the process.
The issuance constitutes a related party transaction, as the recipient is an executive officer of the Company. The transaction was reviewed and approved by the Board of Directors. It has been carried out in accordance with the Company’s internal governance policies and applicable securities laws.
This issuance represents a key milestone in Aleen’s growth and strategic development. Under the leadership of Mr. Foran, who also guided the company through its listing on the Canadian Securities Exchange, the Company has advanced from concept to a robust AI-powered digital wellness platform.
> “This share issuance reflects both our confidence in Neil’s leadership and our commitment to aligning long-term value creation with strategic execution,” said Mrs. Aksman, the Chief Executive Officer and President of the Company.
The share issuance reflects the Board’s continued confidence in Mr. Foran’s long-term vision and recognizing his pivotal role in building innovative, non-medical tools for symptom self-assessment, health insights, and personalized wellness experiences.
To learn more about Aleen Inc. and its AI wellness ecosystem, please visit: https://www.aleen.ai
About Aleen Inc.
Headquartered in Ontario, Canada, Aleen Inc. is a digital company dedicated to reshaping the future of personal well-being through AI-powered tools. With a mission to empower individuals in their wellness journey, Aleen offers intelligent experiences that promote early awareness, lifestyle improvement, and proactive engagement - without providing medical diagnoses or treatments.
Contact Information:
Raminta Vosyliute
Aleen Inc.
Ontario, Canada
+ 1 613 416 8832
[email protected]
https://aleen.ca