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.

DEFSEC Technologies Inc. filed a Form 6-K incorporating by reference exhibits related to a securities purchase agreement dated August 16, 2026. The filing includes forms of warrants, pre-funded warrants, placement agent warrants, and a registration rights agreement with purchasers. These documents indicate the company has entered into an agreement to issue equity-linked securities as part of a financing transaction. DEFSEC Technologies Inc. operates in the defense technology sector, providing electronic warfare and counter-drone solutions.

DEFSEC Technologies Inc. reported unaudited financial results for the nine months ended June 30, 2026. Revenue increased 72% to CAD$6.1 million from CAD$3.6 million in the prior year period, driven by digitization services. The company incurred a net loss of CAD$6.7 million compared to CAD$7.2 million previously. Operating expenses rose to CAD$8.5 million, largely due to increased share-based compensation and personnel costs. In June 2026, DEFSEC completed a registered direct offering and concurrent private placement, issuing 673,006 common shares at CAD$3.74 per share and raising net proceeds for working capital. The company maintains a going concern basis due to negative operating cash flows of CAD$6.4 million and accumulated deficits. DEFSEC Technologies Inc. develops and commercializes tactical systems and services for military, public safety, and personal defense markets.