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]

Core Viewpoint - Gatekeeper Systems Inc. has launched a "bought deal" private placement of 4,800,000 common shares at a price of $2.10 per share, aiming to raise gross proceeds of $10,080,000 to support growth opportunities and working capital needs [1][4]. Group 1: Offering Details - The private placement will be conducted under the "listed issuer financing" exemption in Canada and will also comply with U.S. Securities Act exemptions [2]. - The net proceeds from the offering will be allocated for growth opportunities, funding working capital for major contracts, and general corporate purposes [4]. - The company will pay a cash commission of 6.0% on the gross proceeds to the co-lead underwriters and grant them an option to purchase an additional 1,627,476 shares [5]. Group 2: Timeline and Regulatory Approvals - The offering is expected to close on or about November 13, 2025, pending necessary regulatory approvals, including from the TSX Venture Exchange [6]. Group 3: Company Overview - Gatekeeper Systems Inc. specializes in video and data solutions for transportation safety, serving over 60 transit agencies and 3,500 school districts in North America [8]. - 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 [8].

Core Insights - Gatekeeper Systems Inc. has appointed Hamish Dobson as an independent director to its Board of Directors, bringing extensive experience in the security industry [1][2][3] Company Overview - Gatekeeper Systems Inc. specializes in video and data solutions aimed at enhancing safety in transportation for children, passengers, and drivers [4] - The company has provided solutions to over 60 transit agencies and 3,500 school districts across North America, with more than 63,000 Mobile Data Collectors installed [4] - Gatekeeper's business model is centered around a Platform-as-a-Service (PaaS) approach, leveraging Mobile Data Collectors for data transformation [4] Leadership Appointment - Hamish Dobson previously held senior leadership roles at Motorola Solutions and Avigilon, focusing on engineering and product management [2] - As Corporate Vice President at Motorola Solutions, he led a global engineering team delivering AI-powered physical security solutions [2] - The company has granted Mr. Dobson 100,000 incentive stock options, exercisable at $2.53 for a term of five years, subject to vesting conditions and TSX Venture Exchange approval [3]

Core Insights - Gatekeeper Systems Inc. has announced a significant contract valued at approximately US$6.7 million (around C$9.3 million) for video and subscription services in California, marking the largest contract in the school bus segment in the company's history [2][4] Group 1: Contract Details - The contract involves equipping school buses with interior and exterior video, AI-based passenger counters, and Mobile Data Collectors for live video management [2] - The contract is with an existing student transportation provider who is serving a new school district customer [2] - The company anticipates that the transportation provider will subscribe to its video management software for video analysis and storage after the contract terms are fulfilled [2] Group 2: Technology and Solutions - Gatekeeper's passenger counting system utilizes AI and video analytics to accurately track the number of students boarding and alighting from school buses [3] - The Mobile Data Collector records additional data such as bus number, date, time of door operations, and GPS location, facilitating statistical reporting for data analysis [3] - These technologies assist school districts in optimizing route scheduling and planning based on actual passenger volumes [3] Group 3: Company Performance and Strategy - The contract represents the fifth agreement announced by Gatekeeper in California this year, indicating a successful sales strategy with student transportation providers [4] - The company is experiencing positive reception for its innovative offerings, including Live View Wireless and AI-based passenger counters, among school districts and transportation providers [4] Group 4: Company Background - Gatekeeper is a leading provider of video and data solutions aimed at enhancing safety in transportation for children and passengers [5] - The company has served over 60 transit agencies and 3,500 school districts across North America, with more than 63,000 Mobile Data Collectors installed [5] - Gatekeeper's business model is centered around its Platform-as-a-Service (PaaS) approach, focusing on Mobile Data Collectors as a key component of its data transformation strategy [5]

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]

Company Overview - Gatekeeper Systems Inc. is a leader in video and data solutions for school buses, public transit, and smart cities [1] - The company has provided solutions to over 60 transit agencies and 3,500 school districts across North America, with more than 57,000 Mobile Data Collectors installed [8] Recent Contracts - Gatekeeper announced three full-fleet school bus video and subscription contracts in California, with an aggregate value of approximately US$710,000 (approximately C$975,000) [5] - The first contract involves an existing student transportation provider adding video solutions for a new school district [2] - The second contract is directly with a new school district for Mobile Data Collectors, AI-Dash Cams, 360 Surround Vision, and video management subscriptions [3] - The third contract is with an existing school district customer for a full-fleet upgrade to newer video technology [4] Market Position and Strategy - The company has over 350 existing school district customers in California, indicating solid market traction [6] - Gatekeeper's sales approach includes working with transportation providers, selling directly to new school districts, and maintaining relationships with existing customers [6]

Core Insights - Gatekeeper Systems Inc. reported its highest-ever fiscal third quarter revenue of $7.5 million, a 16% increase from $6.5 million in the prior year [3][5][7] - The company has significantly expanded its customer base for Mobile Data Collectors, increasing from approximately 300 to 3,500 during the fiscal year [3][5] - The school bus segment has secured contracts exceeding $1 million per customer, with active participation in 39 school industry trade shows this year [4][5] Financial Performance - Revenue for the nine-month period ended May 31, 2025, was $20.7 million, down from $26.1 million in the prior year, primarily due to the absence of a large $9 million transit contract from the previous year [5][7] - Gross profit for the three-month and nine-month periods was $3.7 million and $9.1 million, respectively, with gross margins of 49% and 44% [5][7] - Operating loss for the three-month and nine-month periods was $0.1 million and $1.4 million, compared to a loss of $0.4 million and a profit of $3.4 million in the prior year [5][7] Business Developments - The company announced transit contracts worth over $7 million and school bus video and subscription contracts totaling over $5.4 million [5][6] - The transit team has expanded, focusing on compliance with the Federal Railroad Administration (FRA) mandate, which requires specific video recording equipment by October 2027 [6] - Gatekeeper has installed over 57,000 Mobile Data Collectors and serves more than 60 transit agencies and 3,500 school districts across North America [8]