Northwire Canada EditionFriday, July 10, 2026
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Financings

Zedcor increases offering to $30.5-million

ZDC · Price

Executive Summary

  • Zedcor Inc. has increased the size of its previously announced bought deal public offering of common shares to $30.5 million due to strong investor demand.
  • The offering consists of 5,084,000 common shares priced at $6.00 per share, led by National Bank Financial Inc. and Desjardins Capital Markets.
  • The company has granted underwriters an overallotment option to purchase up to 15% additional shares to cover overallotments and market stabilization.

Key Details

  • Total Gross Proceeds: $30,504,000
  • Share Price: $6.00 per common share
  • Shares Sold: 5,084,000 common shares
  • Underwriters: National Bank Financial Inc. and Desjardins Capital Markets (co-lead underwriters and joint bookrunners) acting on behalf of a syndicate of underwriters.
  • Offering Type: Bought deal public offering with a right to arrange for substitute purchasers.
  • Overallotment Option: Underwriters have an option, exercisable for up to 30 days following the closing date, to purchase up to an additional 15% of the offered shares (approx. 762,600 shares) at the same issue price ($6.00) to cover overallotments and for market stabilization.
  • Anticipated Closing Date: On or about February 27, 2026.
  • Conditions: Closing is subject to necessary approvals, including approval from the TSX Venture Exchange.
  • Use of Proceeds: Terms remain as previously disclosed in the news release dated February 10, 2026.
Read the original news release →

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