Financings
Hypercharge Announces Brokered LIFE Offering of Units for Gross Proceeds of up to $4 Million

HC · Price
Executive Summary
- Hypercharge Networks Corp. announced a private placement of Units at $0.10 per Unit, targeting gross proceeds of $2 M to $4 M.
- Each Unit consists of one common share and half of a common‑share purchase warrant (full warrant gives the right to buy an additional share at $0.12 for two years).
- The offering is being led by FMI Securities Inc. as sole bookrunner, with closing expected around October 31, 2025.
Key Details
- Units Offered: 20 M – 40 M Units (minimum $2 M, maximum $4 M gross proceeds).
- Issue Price: $0.10 per Unit.
- Unit Composition:
- 1 common share of Hypercharge Networks Corp.
- ½ of a common‑share purchase warrant (full warrant allows purchase of one additional common share at $0.12).
- Warrant Terms:
- Exercise price: $0.12 per share.
- Expiry: 2 years from issuance.
- Acceleration clause: If TSXV volume‑weighted average price ≥ $0.20 for ten consecutive trading days, Hypercharge may accelerate expiry to 30 days after notice.
- Offering Structure: Private placement under the “listed issuer financing exemption” (NI 45‑106) in Canadian provinces (excluding Quebec); also offered under U.S. exemptions and other jurisdictions as applicable.
- Use of Proceeds: General working capital and corporate purposes (as described in the Offering Document).
- Agent Compensation:
- Cash commission to agents: 6 % of gross proceeds (reduced to 3 % for sales to a President’s List).
- Broker warrants: Agents receive warrants equal to 6 % of Units sold (also reduced to 3 % for President’s List sales).
- Closing Date: Expected on or about October 31, 2025, subject to regulatory approvals (including TSXV approval).
- Regulatory Notes: Securities are not registered under the U.S. Securities Act and may not be offered/sold in the U.S. absent an exemption.
Notable Quotes
(No direct quotes from management were included in the release.)
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Jun 17, 2026 · 07:30