Carrier Connect Data Solutions Upsizes Private Placement

Core Viewpoint - Carrier Connect Data Solutions Inc. is increasing its non-brokered private placement due to strong investor interest, aiming to raise up to $4,000,000 through the offering of units priced at $0.70 each [1][2]. Group 1: Offering Details - The offering will consist of up to 5,714,285 units, each unit comprising one common share and one half of a transferable share purchase warrant, with each full warrant allowing the purchase of an additional common share at $1.00 for two years [2]. - Proceeds from the offering are intended for mergers and acquisitions, working capital, and general corporate purposes [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 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].