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Gatekeeper Announces Closing of Its $13.5 Million Bought Deal Private Placement, Including Full Exercise of Over-Allotment Option
Newsfile· 2025-11-13 13:42
Core Points - Gatekeeper Systems Inc. has successfully closed a brokered private placement, raising a total of $13.5 million through the issuance of 6,427,476 common shares at a price of $2.10 per share, including the full exercise of the over-allotment option [1][3] - The net proceeds from the offering will be utilized for growth opportunities, working capital for major contracts, and general corporate purposes [3] Group 1 - The offering was conducted under the "listed issuer financing" exemption, allowing it to proceed without a prospectus in Canada and other jurisdictions [2] - Canaccord Genuity Corp. and Raymond James Ltd. acted as co-lead underwriters for the offering, receiving a cash commission of $809,862, which is 6.0% of the gross proceeds [3] Group 2 - Gatekeeper Systems Inc. specializes in video and data solutions for transportation safety, having served over 60 transit agencies and 3,500 school districts in North America [5] - The company has installed more than 65,000 Mobile Data Collectors, which record video and data from over 200,000 onboard devices, facilitating AI-assisted video analytics [5]
Gatekeeper Welcomes Institutional Shareholders, Mr. Dyment Files Early Warning Report
Thenewswire· 2025-09-04 12:00
Core Insights - Gatekeeper Systems Inc. is a leader in video and data solutions aimed at enhancing safety in public transportation [7] - The company has recently undergone a significant transaction involving the sale of shares by its President and CEO, Douglas Dyment, to meet personal financial obligations [2][3] Company Overview - Gatekeeper provides video and data solutions for safer transportation environments, serving over 60 transit agencies and 3,500 school districts across North America [7] - The company has installed more than 57,000 Mobile Data Collectors, which record video and data from over 200,000 onboard devices daily [7] - Gatekeeper's business model is based on a Platform-as-a-Service (PaaS) approach, focusing on Mobile Data Collectors as a key component of its data transformation strategy [7] Recent Transactions - On September 3, 2025, Douglas Dyment sold 4,000,000 common shares at a price of $1.60 per share, totaling approximately $6.4 million [2] - The sale was facilitated by Canaccord Genuity Corp. and Raymond James Ltd., and was conducted to fulfill obligations related to a marital separation settlement and personal debt [2] - Following the transaction, Dyment's ownership decreased to 4,158,000 common shares and 2,000,000 stock options, representing approximately 4.0% and 5.8% of the company's outstanding shares on an undiluted and partially diluted basis, respectively [5]