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Financings

GEEKCO ANNOUNCES AN UPSIZE OF ITS PRIVATE PLACEMENT

By The Northwire Desk — AI Analysis Feb 05, 2026 · 07:30 GKO · 0.05 Geekco Technologies Corporation
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.)

Read the original news release →

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