Financings
GEEKCO ANNOUNCES AN UPSIZE OF ITS PRIVATE PLACEMENT

GKO · Price
Executive Summary
- Geekco Technologies Corp. upsized its private placement to a maximum of $1,500,000 (30 M units at $0.05 per unit).
- The first tranche has already closed, delivering gross proceeds of $500,000.
- Each unit consists of one Class A common share and one warrant to purchase an additional common share at $0.05 for three years.
Key Details
- Maximum Offering Size: $1,500,000 (30,000,000 units).
- Unit Price: $0.05 per unit.
- First Tranche Closed: Gross proceeds of $500,000.
- Composition of Each Unit: 1 Class A common share + 1 warrant.
- Warrant Terms: Right to acquire one additional common share at $0.05 per share; exercisable for three (3) years from issuance date.
- Purpose: To gather more subscribers for the Company’s “Tell Me” application platform (as stated).
- Reference: Earlier press release dated January 21, 2026 provides additional context on the original private placement.
Notable Quotes
(No direct quotes were provided in the release.)
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May 25, 2026 · 17:00