Financings

BeWhere Holdings Inc. Announces C$4.0 Million Brokered LIFE Offering

By The Northwire Desk — AI Analysis Feb 05, 2026 · 16:57 BEW · 0.86 BeWhere Holdings Inc.

BEW · Price

BeWhere Holdings Inc. announced a private placement of up to 5,720,000 common shares at C$0.70 per share, targeting gross proceeds of up to C$4,004,000.
An over‑allotment option allows agents to purchase an additional 1,430,000 shares (25% of the base issue) for up to C$1,001,000, potentially raising total proceeds to ~C$5.0 M.
Net proceeds are earmarked to expand equipment‑rental operations, fund European expansion, and support working capital/general corporate purposes; closing is expected around February 18, 2026 pending regulatory approvals.

Offering Size: Up to 5,720,000 common shares at C$0.70 each → Gross proceeds up to C$4,004,000.
Over‑Allotment Option: Agents may purchase an additional 1,430,000 shares (25% of base) at the same price → Potential extra gross proceeds up to C$1,001,000.
Total Potential Gross Proceeds: Approximately C$5,005,000 if over‑allotment is exercised.
Lead Agent/Bookrunner: Canaccord Genuity Corp., acting as lead agent and sole bookrunner for the syndicate of agents.
Use of Proceeds:
Expand equipment‑rental business to increase recurring revenue.
Fund European market expansion.
Working capital and general corporate purposes.
Commission & Warrants to Agents:
Cash commission equal to 6.0% of aggregate gross proceeds.
Warrants issued to agents for 6.0% of the offered securities, exercisable at C$0.70 per share, with a 36‑month expiry and a four‑month statutory hold period.
Closing Timeline: Expected on or about February 18, 2026, subject to regulatory approvals and TSX Venture Exchange consent.
Exemptions Utilized: Listed Issuer Financing exemption (NI 45‑106) in Canada (excluding Quebec), U.S. Securities Act exemption for U.S. persons, and other jurisdictional exemptions as applicable.
Regulatory Conditions: Completion contingent on receipt of all necessary approvals, including TSX Venture Exchange approval.

(No direct quotes were provided in the release.)

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