Financing ·
DEFSEC Technologies Inc. closed a private placement on August 18, 2026, issuing 1,951,219 common shares and pre-funded…
DFSCDEFSEC Technologies Inc.
DEFSEC Technologies Inc. closed a private placement on August 18, 2026, issuing 1,951,219 common shares and pre-funded warrants at CAD$2.84 per unit. The transaction generated approximately CDN$5.54 million in gross proceeds (US$4.0 million). H.C. Wainwright & Co. served as the exclusive placement agent, receiving a 7.5% cash fee and warrants to purchase an equivalent percentage of shares at CAD$3.55 per share. The company intends to use net proceeds for business development, intellectual property protection, and working capital. DEFSEC develops and commercializes next-generation tactical systems for military and security forces.