Zedcor Inc. Announces $27.5M Bought Deal Public Offering
Globenewswire·2026-02-10 21:25

Core Viewpoint - Zedcor Inc. has announced a bought deal offering of 4,584,000 common shares at a price of $6.00 per share, aiming to raise approximately $27.5 million for expansion and operational purposes [1][4]. Group 1: Offering Details - The offering will be conducted by National Bank Financial Inc. and Desjardins Capital Markets as co-lead underwriters, with an option to purchase an additional 15% of the shares to cover over-allotments [1][2]. - The shares will be offered in Canada through a short form prospectus and to eligible purchasers outside Canada and the U.S. via available prospectus exemptions [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for expanding the fleet of MobileyeZ™ security towers, growing the service platform in the U.S., and for general corporate purposes [4]. Group 3: Company Overview - Zedcor Inc. is innovating the physical security industry with its MobileyeZ™ security towers, providing mobile surveillance and monitoring solutions to major clients across North America [6]. - The company operates over 2,800 MobileyeZ™ towers and is expanding its services in the U.S. with locations in several key states [6].