Financings
GEEKCO ANNOUNCES A NON-BROKERED LIFE OFFERING

GKO · Price
Executive Summary
- Geekco Technologies Corp. announced a non‑brokered private placement of 14.7 M–17 M units at $0.05 per unit, targeting gross proceeds of $735 k–$850 k.
- Each unit consists of one Class A common share and one warrant to purchase an additional share at $0.08 for up to three years.
- Net proceeds will be used for marketing, application development/improvement, and general & working capital purposes.
Key Details
- Units Offered: Minimum 14,700,000 – Maximum 17,000,000 units.
- Price per Unit: $0.05.
- Gross Proceeds Target: Minimum $735,000; Maximum $850,000.
- Unit Composition:
- 1 × Class A common share (Common Share).
- 1 × Warrant to acquire one additional Common Share at $0.08 exercise price, exercisable for three years from issuance.
- Intermediary Compensation: Up to 7% cash commission of gross proceeds plus intermediary warrants equal to up to 7% of the number of units issued through that intermediary (same terms as unit‑included warrants).
- Use of Proceeds: Marketing campaign, development and continuous improvement of Geekco’s application, and general & working capital.
- Exemption Used: Listed Issuer Financing Exemption (LIFE) under Part 5A of Regulation 45‑106; offering limited to Canadian residents.
- Closing Timeline: May close in multiple tranches; final closing no later than 2025‑12‑08, subject to customary conditions and TSXV approval.
- Regulatory Notes: Securities not registered in the United States; U.S. persons cannot be offered these securities unless an exemption applies.
- Previous Offering Update: The earlier private placement (announced Aug 29 & Sep 26, 2025) will not have additional closings; $107,500 previously raised remains unchanged.
Notable Quotes
(No CEO/President quotes were included in the release.)
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