Northwire Canada EditionWednesday, July 22, 2026
Sign inSubscribe
Northwire
⌕
CTV 0.110 −4.3% III 7.58 +5.3% NAM 0.240 −2.0% MOG 0.540 +8.0% LUG 79.10 +2.9% TWR 0.165 +3.1% LALI 0.050 +0.0% NFG 2.02 +3.1% APMI 0.145 +0.0% CDE 21.58 +8.3% NVLH 0.075 −11.8% PHNM 0.345 +4.5% AEC 6.71 +11.5% IAU 1.90 +7.3% LOD 0.295 +0.0% FVL 0.990 +8.8% CTV 0.110 −4.3% III 7.58 +5.3% NAM 0.240 −2.0% MOG 0.540 +8.0% LUG 79.10 +2.9% TWR 0.165 +3.1% LALI 0.050 +0.0% NFG 2.02 +3.1% APMI 0.145 +0.0% CDE 21.58 +8.3% NVLH 0.075 −11.8% PHNM 0.345 +4.5% AEC 6.71 +11.5% IAU 1.90 +7.3% LOD 0.295 +0.0% FVL 0.990 +8.8%
Financings

Zedcor Inc. Expands Credit Facility to $75 Million to Support North American Growth Plans

By The Northwire Desk — AI Analysis Feb 03, 2026 · 06:01 ZDC · 6.08 Zedcor Inc.
ZDC · Price

Executive Summary

  • Zedcor Inc. expanded its credit facility with National Bank of Canada by an incremental $25 million, raising total committed borrowing availability to $75 million and adding a $25 million uncommitted accordion feature.
  • The new financing supports growth investments in the MobileyeZ™ tower fleet, scaling sales efforts, and enterprise customer initiatives while optimizing cost of capital.
  • Concurrently, Zedcor’s newly opened manufacturing facility and monitoring center in Houston, Texas are now operational, delivering production capacity exceeding 50 towers per week.

Key Details

  • Credit Facility Expansion: Incremental $25 million added to existing facility; total committed amount now $75 million with an additional uncommitted $25 million accordion feature.
  • Lending Partner: National Bank of Canada (unchanged terms from October 6, 2025 announcement).
  • Purpose of Funds: Non‑dilutive capital to fund growth investments in MobileyeZ™ tower fleet, expand sales force, and enhance enterprise customer efforts.
  • Operational Impact: New Houston manufacturing facility and monitoring center are operational as scheduled; weekly production capacity now exceeds 50 towers.
  • Current Fleet Size: Over 2,750 MobileyeZ™ towers deployed at end of 2025; target to scale fleet meaningfully by end‑2026.
  • CEO Quote (Todd Ziniuk): Emphasized the partnership with National Bank, strengthened balance sheet, and confidence in scaling security platform across Canada and the U.S., highlighting operational milestones and shareholder value creation for 2026 and beyond.

Notable Quotes

“We are excited to expand our relationship with National Bank and are thankful for their continued partnership in our growth journey… This enables us to fund strategic growth initiatives, strengthens our balance sheet, and reinforces confidence in our business plan as we scale our security platform across Canada and the United States.” – Todd Ziniuk, President & CEO

Materiality Assessment: Material – Positive (significant financing that enhances liquidity and supports operational scaling).

Read the original news release →

More from Zedcor Inc.

Jun 30, 2026 · 06:01

Zedcor Inc. Announces First Half 2026 Operations Update and Appointment to the Board of Directors

Production / Operations May 20, 2026 · 20:44

Zedcor’s US revenue eclipses Canada for the first time, yet a net loss and a stock price barely above its latest raise reveal a growth story with paper-thin margins.

Earnings Apr 08, 2026 · 00:47

Zedcor posts record Q4 2025 revenue and EBITDA, cementing its U.S. expansion momentum

Earnings Feb 27, 2026 · 17:11

Zedcor closes $30.5-million bought deal

Financings Feb 27, 2026 · 08:52

Zedcor Inc. Announces Closing of $30.5M Bought Deal Public Offering

Financings Feb 24, 2026 · 20:12

Zedcor Inc. Files Final Short Form Prospectus

Financings