Zedcor Inc. Announces $27.5M Bought Deal Public Offering

Executive Summary

• Zedcor Inc. announced a bought‑deal equity offering of 4,584,000 common shares at $6.00 per share, targeting gross proceeds of approximately $27.5 million.
• The underwriters (National Bank Financial and Desjardins Capital Markets) received a 15% over‑allotment option exercisable for up to 30 days after closing.
• Net proceeds are earmarked for expanding Zedcor’s MobileyeZ™ security tower fleet, growing its U.S. service platform, and general corporate purposes.

Key Details

• Offered Shares: 4,584,000 common shares (“Offered Shares”).
• Issue Price: $6.00 per share.
• Gross Proceeds: $27,504,000 (aggregate).
• Underwriters: National Bank Financial Inc. (NBF) and Desjardins Capital Markets (co‑lead underwriters and joint bookrunners).
• Over‑Allotment Option: Up to 15% of the Offered Shares (≈ 687,600 additional shares) at the same $6.00 price, exercisable for up to 30 days post‑closing.
• Offering Structure: Bought‑deal basis with right for substitute purchasers; short‑form prospectus in Canadian provinces (except Quebec); private placement exemptions for eligible non‑U.S. and U.S. qualified institutional buyers under Rule 144A.
• Closing Date: Anticipated on or about February 27, 2026, subject to customary conditions including TSX Venture Exchange approval.
• Use of Proceeds: Expansion of MobileyeZ™ security tower fleet, growth of service platform across the United States, working capital, and general corporate purposes.
• Regulatory Notes: Shares not registered under the U.S. 1933 Act; offering in the U.S. limited to qualified institutional buyers or exempt transactions.

Notable Quotes

• Todd Ziniuk, CEO: “The net proceeds will accelerate our expansion of MobileyeZ™ towers and strengthen our service platform across the United States.”
• Amin Ladha, CFO: “This financing provides us with the capital needed to pursue growth opportunities while maintaining a solid balance sheet.”