Carrier Connect Data Solutions Inc. Announces Private Placement

Core Viewpoint - Carrier Connect Data Solutions Inc. is initiating a non-brokered private placement to raise up to $3,000,000 through the sale of units priced at $0.70 each, aimed at funding M&A, working capital, and general corporate purposes [1][2]. Group 1: Offering Details - The Offering consists of up to 4,285,714 units, each unit comprising one common share and one-half of a share purchase warrant, with full warrants allowing the purchase of additional shares at $1.00 each for two years [1]. - The Offering is expected to close in November 2025, subject to customary conditions including TSX Venture Exchange approval [2]. Group 2: Company Overview - Carrier Connect Data Solutions focuses on rolling up Tier II/III data centers internationally, providing co-location and data center solutions primarily to AI companies, service providers, enterprises, and small businesses [4]. - The company operates as a carrier-neutral organization, with its principal markets located in Vancouver, Canada, and Perth, Australia, serving clients who utilize its facilities as primary or ancillary data centers [4].