Financings

DEFSEC Technologies Announces CAD$2.1 Million Registered Direct Offering

By The Northwire Desk — AI Analysis Dec 17, 2025 · 07:03 DFSC · 4.27 DEFSEC Technologies Inc.

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DEFSEC Technologies entered into definitive agreements for a registered direct offering of 566,040 common shares at CAD $3.64 per share, expected to raise approximately CAD $2.1 million in gross proceeds.
Simultaneously, the company will issue unregistered warrants to purchase up to an additional 566,040 common shares at an exercise price of CAD $4.27, exercisable immediately and expiring five years from issuance.
Net proceeds are earmarked for working capital and general corporate purposes; closing is anticipated on or about December 18, 2025, subject to customary conditions.

Offering Structure:
Registered direct offering of 566,040 common shares at CAD $3.64 (US $2.65) per share.
Concurrent private placement of warrants for up to 566,040 common shares at an exercise price of CAD $4.27 per share.
Gross Proceeds: Approximately CAD $2.1 million before deduction of placement agent fees and other offering expenses.
Use of Proceeds: Working capital and general corporate purposes.
Closing Timeline: Expected on or about December 18, 2025, subject to customary closing conditions.
Placement Agent: H.C. Wainwright & Co., acting as exclusive placement agent.
Regulatory Filings:
Common shares offered under a “shelf” registration statement on Form F‑3 (File No. 333‑277196) declared effective March 4, 2024.
Final prospectus supplement to be filed with the SEC; available via the SEC website or H.C. Wainwright & Co.
Private Placement Terms: Warrants issued under Section 4(a)(2) of the Securities Act and/or Regulation D; not registered in the U.S. and may not be offered/sold to U.S. persons except pursuant to an exemption.
Contact Information:
Sean Homuth – President & CEO ([email protected])
Jennifer Welsh – CFO & Chief Compliance Officer ([email protected])
Jason Frame – Investor Relations (+1 (587) 225‑2599, [email protected])

“The successful completion of this offering will provide DEFSEC with the capital needed to advance our next‑generation tactical systems and support ongoing growth initiatives,” — Sean Homuth, President and CEO.

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