Financing ·
DEFSEC Technologies Inc. announced a private placement of 1,951,219 common shares and pre-funded warrants at CAD$2.84…
DFSCWDEFSEC Technologies Inc.
DEFSEC Technologies Inc. announced a private placement of 1,951,219 common shares and pre-funded warrants at CAD$2.84 per share, accompanied by common warrants to purchase an equal number of shares exercisable at CDN$3.30 for 60 months. The offering is expected to generate approximately CDN$5.54 million (US$4.0 million) in gross proceeds, with H.C. Wainwright & Co. serving as the exclusive placement agent. Net proceeds will fund business development, intellectual property protection, and working capital. The transaction is anticipated to close on or about August 18, 2026, pending TSX Venture Exchange approval. DEFSEC Technologies Inc. develops and commercializes next-generation tactical systems for military and security forces.