Carrier Connect Data Solutions Inc. Announces Private Placement of Units for Gross Proceeds of up to $8 Million

Core Viewpoint - Carrier Connect Data Solutions Inc. has announced a private placement offering of up to 5,000,000 units at a price of $1.60 per unit, aiming to raise up to $8,000,000 in gross proceeds [1][4]. Group 1: Offering Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant exercisable into one common share at an exercise price of $2.10 for 24 months [2]. - The offering is subject to regulatory compliance and will be available to Canadian residents and investors in other jurisdictions, with no hold period for the issued units [3]. - The company has granted agents an option to sell an additional 750,000 units for up to $1,200,000 in gross proceeds [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated towards acquisitions, debt repayment, capital improvements, data center expansions, marketing, staffing, and general corporate purposes [4]. Group 3: Company Overview - Carrier Connect Data Solutions focuses on acquiring Tier II/III data centers globally, providing co-location and data center solutions to AI companies, service providers, enterprises, and small businesses [8]. - The company operates in principal markets including Vancouver and Ottawa in Canada, and Perth in Australia, serving clients with primary or ancillary data center needs [8]. Group 4: Closing and Regulatory Approval - The offering is expected to close on or about February 26, 2026, pending necessary regulatory approvals, including acceptance from the TSX Venture Exchange [6].