Zedcor closes $30.5-million bought deal

Executive Summary

• Zedcor Inc. has closed its previously announced upsized bought deal public offering, raising aggregate gross proceeds of $30,504,000.
• The company issued 5,084,000 common shares at a price of $6.00 per share to National Bank Financial Inc. and Desjardins Capital Markets as co-lead underwriters.
• Net proceeds are designated for the expansion of the MobileyeZ security tower fleet, U.S. service platform growth, working capital, and general corporate purposes.

Key Details

• Transaction Structure: Bought deal public offering of common shares.
• Gross Proceeds: $30,504,000.
• Share Price: $6.00 per share.
• Shares Issued: 5,084,000 common shares.
• Underwriters: National Bank Financial Inc. and Desjardins Capital Markets (co-lead underwriters and joint bookrunners); ATB Capital Markets Corp., Canaccord Genuity Corp., Raymond James Ltd., and Paradigm Capital Inc.
• Underwriter Compensation: Cash fee of 5.0% of gross proceeds paid to underwriters.
• Overallotment Option: Underwriters retain an option for 30 days following Feb. 27, 2026, to purchase up to an additional 762,600 shares at $6.00 per share to cover overallotments and for market stabilization.
• Jurisdiction: Offered in all Canadian provinces except Quebec via a final short form prospectus dated Feb. 23, 2026; offered in the U.S. to qualified institutional buyers via private placement under Rule 144A.
• Use of Proceeds: Expansion of MobileyeZ security tower fleet, growth of service platform across the United States, working capital, and general corporate purposes.