Mergers & Acquisitions ·
NuRAN Wireless Inc. filed a 6-K incorporating an Amended and Restated Material Change Report detailing a restructuring…
NRRWDNuran Wireless Inc.
NuRAN Wireless Inc. filed a 6-K incorporating an Amended and Restated Material Change Report detailing a restructuring transaction closed on December 22, 2025. The company acquired all shares of Advance Factoring Inc., settling approximately $26.2 million in indebtedness through the issuance of equity. NuRAN issued 10,380,618 units at $2.89 CAD per unit for aggregate gross proceeds of approximately $30 million, comprising cash subscriptions and debt settlements. Additionally, an initial tranche of 2,115,064 units was issued for approximately $6.11 million in proceeds. Following the transaction, NuRAN held 12,905,118 common shares outstanding, with Factor shareholders receiving 7,198,026 units representing 55.78% of voting securities. The acquisition internalized factoring arrangements to simplify the financing structure. NuRAN Wireless Inc. operates in the telecommunications industry, providing mobile and broadband wireless infrastructure solutions.