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"

NAHF · 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” on February 26, 2026.
- Each unit comprised one common share and half a warrant (full warrant exercisable at $0.85 per share for 24 months); warrants now trade as “NAHF.WT”.
- Net proceeds will be used to repay debt, fund general corporate purposes, support working capital, and cover listing/reporting costs; an exchange offering of non‑voting preferred shares is also being conducted.
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).
- Warrant Trading: Warrants listed as “NAHF.WT” on CSE opening Feb 26, 2026; 24‑month exercise period.
- Debt Settlement: Issued 3,595,204 common shares and 1,700,000 warrants to satisfy $1,700,000 of outstanding debt.
- Agent Compensation:
- Cash commission = 7% of gross proceeds.
- Corporate finance fee = $165,000.
- Issued 238,000 broker warrants (exercise price $0.50/share, exercisable for 24 months).
- Option to Upsell: Agent granted a 30‑day option to sell additional units up to 15% of the original issuance, or equivalent shares/warrants.
- Use of Proceeds: Repay liabilities, fund general corporate and administrative expenses, support working capital, 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 strengthen balance sheet.
Notable Quotes
“This marks a significant milestone – not only for NAHF, but for the evolution of housing finance,” – George Lawton, CEO, North America Home Finance Inc.
All non‑material boilerplate and forward‑looking disclaimer text has been omitted.
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Jun 02, 2026 · 18:58