Defsec closes CAD 5.54 million private placement of 1,951,219 shares at CAD 2.84 each

Reuters2026/08/19 10:04

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Defsec Technologies closed an unregistered private placement raising gross proceeds of about CDN$5.54 million.
Issued 1,951,219 common shares or pre-funded warrants at CDN$2.84, bundled with 1,951,219 common share purchase warrants.
Common warrants priced at CDN$3.30, exercisable immediately, expiring 60 months from closing; pre-funded warrants carry a CDN$0.001 exercise price.
Proceeds earmarked for business and market development, intellectual property protection, general working capital.
H.C. Wainwright earned a 7.5% cash fee; received placement agent warrants equal to 7.5% of securities sold, struck at CDN$3.55.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Defsec Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001279569-26-000804), on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Defsec closes CAD 5.54 million private placement of 1,951,219 shares at CAD 2.84 each

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