Encore Technologies Corp. Completes Initial Public Offering
Globenewswire·2025-11-27 21:22

Core Points - Encore Technologies Corp. has successfully completed its initial public offering, raising gross proceeds of $862,500 through the issuance of 5,750,000 common shares at a price of $0.15 per share [1][2] - The offering was led by Leede Financial Inc., which received a cash commission of $60,375 and 402,500 non-transferable share purchase warrants [2] - The net proceeds from the offering will be used for growth initiatives, corporate development, and general working capital [3] Group 1 - The shares of Encore Technologies Corp. will begin trading on the Canadian Securities Exchange under the symbol "ENCR" on or about November 28, 2025 [3] - The company focuses on building and investing in technology ventures that enhance intelligent infrastructure, energy systems, and data optimization [4] - Encore Technologies Corp. aims to improve efficiency, transparency, and sustainability in real-world systems through data and automation [4]