Northwire Canada EditionSaturday, October 17, 2026
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Financings

Hampton Securities Limited Announces Closing of Initial Public Offering of Units for North America Home Finance Inc. on the Canadian Securities Exchange Under Ticker Symbol "NAHF"

HFC · Price

Executive Summary

  • North America Home Finance Inc. completed its IPO, issuing 3,400,000 units at $0.50 per unit for total gross proceeds of $1.7 million and began trading on the CSE under ticker “NAHF”.
  • Each unit includes one common share and half a warrant (full warrants exercisable at $0.85 per share for 24 months); broker warrants were also issued as part of the compensation to the agent.
  • Net proceeds are earmarked to repay debt, fund general corporate purposes, support working capital, and cover listing/reporting costs, strengthening the company’s balance sheet as it expands its shared‑equity housing model.

Key Details

  • Offering Size & Price: 3,400,000 units @ $0.50 per unit → $1,700,000 gross proceeds.
  • Unit Composition: 1 common share + ½ warrant; full warrant exercisable at $0.85/share for 24 months post‑closing.
  • Warrant Trading: Warrants to trade on CSE under “NAHF.WT” starting Feb 26, 2026.
  • Debt‑Related Issuance: 3,595,204 common shares and 1,700,000 purchase warrants issued to satisfy $1,700,000 of outstanding debt (warrants exercisable at $0.85/share).
  • Agent Option: Hampton Securities granted a 30‑day option to sell additional units up to 15 % of the original issuance or equivalent shares/warrants.
  • Compensation to Agent:
  • Cash commission = 7 % of gross proceeds.
  • Corporate finance fee = $165,000.
  • Issuance of 238,000 broker warrants (exercise price $0.50/share, exercisable for 24 months).
  • Use of Proceeds: Repay liabilities, fund general corporate and administrative expenses, support working capital, and cover listing/reporting costs.
  • Exchange Offering: Existing bond/right holders may exchange for series‑1 non‑voting preferred “Housing Shares” at $10.35 per share to further strengthen the balance sheet.

Notable Quotes

“This marks a significant milestone – not only for NAHF, but for the evolution of housing finance,” said George Lawton, CEO of North America Home Finance Inc.


Materiality: Material – Positive (completion of IPO provides capital and public market visibility, materially impacting the company’s financial position and growth trajectory).

Read the original news release →

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