Gatekeeper Announces $10 Million Bought Deal Private Placement

Core Viewpoint - Gatekeeper Systems Inc. has launched a "bought deal" private placement of 4,800,000 common shares at a price of $2.10 per share, aiming to raise gross proceeds of $10,080,000 to support growth opportunities and working capital needs [1][4]. Group 1: Offering Details - The private placement will be conducted under the "listed issuer financing" exemption in Canada and will also comply with U.S. Securities Act exemptions [2]. - The net proceeds from the offering will be allocated for growth opportunities, funding working capital for major contracts, and general corporate purposes [4]. - The company will pay a cash commission of 6.0% on the gross proceeds to the co-lead underwriters and grant them an option to purchase an additional 1,627,476 shares [5]. Group 2: Timeline and Regulatory Approvals - The offering is expected to close on or about November 13, 2025, pending necessary regulatory approvals, including from the TSX Venture Exchange [6]. Group 3: Company Overview - Gatekeeper Systems Inc. specializes in video and data solutions for transportation safety, serving over 60 transit agencies and 3,500 school districts in North America [8]. - The company has installed more than 65,000 Mobile Data Collectors, which record video and data from over 200,000 onboard devices, facilitating AI-assisted video analytics [8].