Carrier Connect Raises $750,000 in Private Placement to Support Data Center Expansion

Carrier Connect Data Solutions Inc. ( (TSE:CCDS) ) has shared an announcement.

Carrier Connect Data Solutions Inc. has closed a non-brokered private placement, issuing 833,333 units at $0.90 per unit for total proceeds of approximately $750,000, with each unit comprising one common share and half of a transferable warrant exercisable at $1.35 until late 2027. The financing, completed without finder’s fees and subject to resale restrictions through April 2026, is intended to bolster working capital and general corporate purposes, providing additional liquidity to support the company’s data center roll-up strategy and operational growth across its key markets in Canada and Australia.

More about Carrier Connect Data Solutions Inc.

Carrier Connect Data Solutions Inc. is a data center company focused on rolling up Tier II/III data centers internationally, specializing in co-location and data center solutions for AI companies, service providers, enterprises and small businesses. Operating as a carrier-neutral provider with fully independent systems in leased facilities, the company’s current principal markets are Vancouver and Ottawa in Canada and Perth, Australia, where it supports clients using its sites as primary or ancillary data centers.

Average Trading Volume: 35,189

Technical Sentiment Signal: Buy

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