UNLOCKD Inc. (OTCID: BFCH) announced the completion of its previously authorized fixed-price equity financing, raising $173,259 in gross proceeds through the issuance of restricted common stock at $0.0008 per share. The financing was structured as a clean equity-only round, with no convertible notes, variable-rate instruments, SAFEs, warrants, or derivative securities issued, according to the company's statement.
The capital raise positions UNLOCKD to enter its commercial execution phase, focusing on a global brand partnership framework within the wellness and functional-beverage sector. Dr. Jordan P. Balencic, Chairman and CEO, emphasized the disciplined approach: "As promised, this was a fixed-price, equity-only round. No new debt. No convertible overhang. We raised efficiently and within our authorized limits to fund the next stage of execution."
The collaboration under discussion involves a globally recognized fashion and lifestyle brand exploring the launch of an official beauty-from-within functional beverage for the North American market. Management believes this opportunity leverages favorable category dynamics and established brand leverage, aiming for scalable, recurring revenue rather than a limited release. Initial activities are underway, including formulation work for the planned beverage line.
In parallel, UNLOCKD continues commercialization planning for EVERMIND™, its wholly owned cognitive wellness platform acquired effective December 31, 2025. While current execution focus is on the brand collaboration, EVERMIND provides internal formulation expertise and long-term platform optionality.
Proceeds from the financing will be allocated to initial execution activities under the partnership framework, including formulation work; legal, accounting, and infrastructure preparation for a future Regulation A offering; finalization of corporate website and investor materials; and commercialization planning. The company believes this disciplined deployment positions it for scalable growth.
Management is also preparing for a future Regulation A offering to expand investor participation at a higher valuation tier once the commercial structure is fully activated. Dr. Balencic noted: "Since July, our focus has been structural and sequential - eliminate legacy debt, stabilize the balance sheet, secure operating assets, close clean equity financing, and activate execution. With this round complete, we are now in build mode."
The lead equity investor in this round is highly aligned with the company's long-term direction and has expressed strong conviction in its strategic roadmap. UNLOCKD views the clean structure as consistent with its commitment to disciplined capital formation and shareholder alignment.
For more information, visit www.UNLOCKDinc.com and view current filings on OTC Markets.
