Zedcor arranges $27.5-million public offering

Executive Summary

• Zedcor Inc. has entered into an agreement for a $27.5 million bought deal public offering of common shares, co-led by National Bank Financial Inc. and Desjardins Capital Markets.
• The company is issuing 4,584,000 common shares at a price of $6.00 per share, with an overallotment option allowing for the sale of up to an additional 15% of shares.
• Net proceeds are designated for expanding the MobileyeZ security tower fleet, growing the service platform in the United States, and general corporate purposes.

Key Details

• Transaction Structure: Bought deal public offering.
• Underwriters: National Bank Financial Inc. and Desjardins Capital Markets (co-lead underwriters and joint bookrunners) on behalf of a syndicate.
• Shares Issued: 4,584,000 common shares.
• Price Per Share: $6.00.
• Gross Proceeds: $27,504,000.
• Overallotment Option: The underwriters have an option to purchase up to an additional 15% of the offered shares (approx. 687,600 shares) at the same price ($6.00) to cover overallotments and for market stabilization, exercisable within 30 days of closing.
• Use of Proceeds: Expansion of the MobileyeZ security tower fleet, growth of the service platform across the United States, working capital, and general corporate purposes.
• Closing Date: Anticipated on or about February 27, 2026, subject to conditions including TSX Venture Exchange approval.
• Distribution: Offered in Canada via short form prospectus (except Quebec) and to eligible purchasers outside Canada/US via prospectus exemptions; also offered in the US to qualified institutional buyers via Rule 144A private placement.