Latest News
01 Nov 2024
Legible Inc. (CSE: READ) (OTCQB: LEBGF) (FSE: D0T) announces the appointment of DMCL LLP (the “Successor Auditor”) as the Company’s new independent auditor effective immediately.
The Successor Auditor’s appointment has been approved by the Company’s Board of Directors and will be presented for ratification in the next shareholders’ meeting. For a copy of the Company’s reporting package, including the Notice of Change of Auditor, together with the required letters from KPMG LLP (the “Former Auditor” or “KPMG”) and Successor Auditor, each prepared in accordance with the applicable requirements of Section 4.11 of National Instrument 51-102 - Continuous Disclosure Obligations, please visit the Company’s SEDAR+ profile at www.sedarplus.ca.
KPMG resigned on their own initiative, which resignation was reviewed and accepted by Legible’s audit committee. KPMG has confirmed that there are no reportable events, disagreements, unresolved issues, or modifications of opinion (as those terms are defined in National Instrument 51-102 - Continuous Disclosure Obligations in connection with a change of auditor) of the two most recently completed fiscal years that ended December 31, 2023, and 2022, for which an auditor’s report was issued. Legible’s Board of Directors thanks KPMG for their invaluable work.
28 October 2024
Legible Inc. (CSE: READ) (OTCQB: LEBGF) (FSE: D0T), has unveiled FrankensteinAI, the third entry in its AI Classics series, reimagining Mary Shelley’s timeless tale through cutting-edge technology. Launching in three parts from October 28, this "Living Book" integrates AI-powered art and character interactions, inviting readers to converse with Victor Frankenstein and his Creature, revealing unique perspectives within the novel. Illustrated by acclaimed digital artist Mr. Remo Camerota, FrankensteinAI merges vivid animations with AI, enriching Shelley's original narrative with a hauntingly immersive visual and interactive experience. Legible CEO Kaleeg Hainsworth emphasized the company’s dedication to preserving Shelley’s story while enhancing it for modern audiences. Additionally, FrankensteinAI joins exclusive content like Cristina Ferrare’s My Model Kitchen in Legible's Unbound membership, providing subscribers with innovative digital books for $9.99 a month.
24 October 2024
Legible Inc. (CSE: READ) (OTCQB: LEBGF) (FSE: D0T), a leader in digital literature innovation, has announced an increase in its previously disclosed unit offering, now aiming for gross proceeds of up to $3.08 million by expanding the offering to 22,000,000 units at $0.14 per unit. Each unit includes one common share and a share purchase warrant, enabling holders to acquire additional shares at $0.14 for two years following closing, with potential for accelerated expiry if trading conditions are met. A finder’s fee of up to 8% in cash or finder’s warrants may be applied to portions of the offering, allowing warrant holders to acquire shares under similar terms. Subscription agreements totaling $1.7 million have been received, with the first tranche expected to close around October 31, 2024. Legible also confirmed the conclusion of its partnership with Investor Cubed Inc. as of October 23, 2024, and expressed gratitude for their contributions.
24 October 2024
Legible Inc. (CSE: READ) (OTCQB: LEBGF) (FSE: D0T), a pioneering digital literature platform, has announced a non-brokered private placement of units, targeting gross proceeds of $2.1 million. Each unit comprises one common share and one share purchase warrant, allowing holders to purchase an additional share at $0.14 within two years from the closing date, with potential for an accelerated expiry. To date, Legible has secured $1.7 million in subscription agreements, with the first tranche anticipated to close around October 31, 2024. In tandem, Legible has appointed Andrew Nelson as Chief Technology Officer. With nearly two decades of experience, Nelson’s expertise in software, web design, and cybersecurity will further strengthen Legible’s commitment to scalable, customer-centered innovation.
2 October 2024
Legible Inc. (CSE: READ) (OTCQB: LEBGF) (FSE: D0T), a leading platform and innovator in digital literature, and CAMB.AI, a trendsetter in machine learning and language translation technologies, announce a strategic partnership that will leverage CAMB.AI’s versatile learning models to help translate select content on Legible’s platform into over 160 languages and dialects!
15 August 2024
Legible Inc., a digital reading and audiobook platform, announces a strategic revenue-focused collaboration with LiveOne, Inc. (NASDAQ: LVO), a pioneer in digital broadcasting, and its premier personalized internet radio service Slacker Radio, to further accelerate subscriber and revenue growth by cross-promoting Legible through free access to a 'Book of the Month' audiobook for Slacker Radio’s members, along with an exclusive preview of Legible’s diverse and captivating audiobook catalogue.
Legible Engages With Krupp to Market Their Books, Build Their Brand, and Gain Access to High Profile Authors
August 9, 2024
Legible Inc. an innovative digital reading and audiobook platform, is excited to announce its new collaboration with Krupp Kommunications, Inc. ("Krupp"), a renowned New York City-based public relations agency which has helped thought leaders and brands identify their greater purpose and activate their backstories to effect positive change for their businesses, books, and brands. They specialize in bringing some of the world's biggest brand stories to life. This collaboration aims to elevate Legible's presence in the digital reading market, enhance brand recognition, and expand its network of celebrity authors.
Legible Extends Warrant Exercise Incentive Program to August 16, 2024
August 7, 2024
Legible announces that the expiry date of its current Warrant Incentive Program, described in it press release dated July 18, 2024, has been extended from August 12, 2024 to the close of business August 16, 2024. Other than the revised expiry date, all other terms and conditions of the Warrant Incentive Program remain the same.
Kaleeg Hainsworth, Legible’s CEO stated, “With it being summertime we have extended the expiry date of the Warrant Incentive Program by four days to allow additional Warrant Holders to take advantage of the opportunity to exercise their warrants and receive a full incentive warrant.”
Legible Releases Second My Model Kitchen "Living Cookbook" by Iconic Supermodel Cristina Ferrare
July 25, 2024
Legible Inc, a global digital reading platform known for its innovative eBook and audiobook offerings, and Cristina Ferrare, iconic supermodel, acclaimed TV host and celebrity chef, and New York Times bestselling author, are delighted to announce the release of "The Garden of Earthly Delights", the second all-digital Living Cookbook in Cristina’s My Model Kitchen series, exclusively available to Legible subscribers.
EARLY WARNING PRESS RELEASE – Jaret Wilson
July 16, 2024
Jaret Wilson (the "Acquiror") has today filed an early warning report (the "Early Warning Report") advising that on July 16, 2024 (the “Effective Date”) he subscribed for (the “Private Placement Subscription”) convertible debentures of Legible Inc. (the “Company”) with: (i) a principal amount of $630,000 convertible into 9,000,000 common shares (“Common Shares”) of the Company at a deemed price of $0.07 per Common Share; and (ii) 9,000,000 Common Share purchase warrants (“Warrants”) entitling the Acquiror to acquire 9,000,00 Common Shares at $0.08 per Common Share for a period of 2 years.
Legible Closes $1,050,000 Private Placement Offering
July 8, 2024
Legible Inc. (CSE: READ) (OTCQB: LEBGF) (FSE: D0T) ("Legible” / “Company”) announces, further to its July 8, 2024 News Release, the closing of the announced non-brokered private placement offering (the “Offering”) of convertible debenture units (the “Unit(s)”) pursuant to exemptions from applicable Canadian securities laws.
March 24, 2024
Legible and Remo Camerota Join Forces to Publish AI-enhanced Frankenstein Classic
Read More
Jan 25, 2024
Legible Launches AI-Powered Version of Animal Farm by George Orwell: A Unique Interactive Reading Experience
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Get in Touch
We'd love to hear from you. If you have any questions, or would like to learn how to invest, our team is happy to answer all your questions, set up a meeting time, or direct you to further information about the Legible story!
Email us directly at invest@legible.com, or send us a message conveniently below:
We'd love to hear from you. If you gave any questions, or would like to learn how to invest, our team is happy to answer all your questions, set up a meeting time, or direct you to further information about the Legible story!
Email us directly at invest@legible.com, or send us a message conveniently below:
Get in Touch
We'd love to hear from you. If you have any questions, or would like to learn how to invest, our team is happy to answer all your questions, set up a meeting time, or direct you to further information about the Legible story!
Email us directly at invest@legible.com, or send us a message conveniently below:
We'd love to hear from you. If you gave any questions, or would like to learn how to invest, our team is happy to answer all your questions, set up a meeting time, or direct you to further information about the Legible story!
Email us directly at invest@legible.com, or send us a message conveniently below: