Zedcor Inc. Increases Previously Announced Bought Deal Public Offering to $30.5M
Globenewswire·2026-02-11 14:30

Core Viewpoint - Zedcor Inc. has announced an increase in the size of its bought deal public offering of common shares due to strong demand, aiming to raise a total of $30,504,000 through the sale of 5,084,000 shares at a price of $6.00 per share [1][2]. Offering Details - The Underwriters have been granted an Over-Allotment Option to purchase up to an additional 15% of the Offered Shares for market stabilization purposes [2]. - The closing of the Offering is expected around February 27, 2026, pending necessary approvals, including from the TSX Venture Exchange [3]. Company Overview - Zedcor Inc. is innovating the physical security industry with its MobileyeZ security towers, providing mobile surveillance and live monitoring solutions to major clients across North America [5]. - The company operates over 2,800 MobileyeZ towers in Canada and the U.S., focusing on high service levels and data-driven efficiency [5]. - Zedcor is expanding its services in the U.S., with operational capacity in various states including Texas, Colorado, Arizona, Nevada, California, and Florida [5].

Zedcor Inc. Increases Previously Announced Bought Deal Public Offering to $30.5M - Reportify