DEFSEC Technologies Announces CAD$2.1 Million Registered Direct Offering

Core Viewpoint - DEFSEC Technologies Inc. has announced a registered direct offering of 566,040 common shares at a price of CAD$3.64 (US$2.65) per share, along with a concurrent private placement of unregistered warrants [1][2] Group 1: Offering Details - The gross proceeds from the offering are expected to be CAD$2.1 million before deducting fees and expenses [2] - The unregistered warrants will allow the purchase of up to 566,040 common shares at an exercise price of CAD$4.27 per share, immediately exercisable and expiring five years after issuance [1][2] - The offering is subject to customary closing conditions and is expected to close on or about December 18, 2025 [1] Group 2: Regulatory Information - The common shares are being offered under a "shelf" registration statement filed with the SEC, effective since March 4, 2024 [3] - The unregistered warrants are offered in a private placement under Section 4(a)(2) of the Securities Act, and have not been registered under the Securities Act or applicable state laws [4] Group 3: Company Overview - DEFSEC develops and commercializes next-generation tactical systems for military and security forces, including real-time situational awareness and targeting information systems [6] - The company also offers countermeasures against various threats and has a proprietary non-lethal product line branded PARA SHOTTM [6]