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Geekco Extends Closing of $1 Million Private Placement to Fund App Growth and Marketing

Story Highlights
  • Geekco extended its non-brokered private placement, seeking up to $1 million through units with attached warrants.
  • Proceeds will support marketing, Tell Me app development, and working capital, reinforcing Geekco’s local marketing expansion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Geekco Extends Closing of $1 Million Private Placement to Fund App Growth and Marketing

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Geekco Technologies Corporation Class A ( (TSE:GKO) ) has shared an update.

Geekco Technologies Corporation has extended the expected closing date of its non-brokered private placement to on or around January 16, 2026, with final TSX Venture Exchange documentation due by February 6, 2026. The offering aims to raise up to $1 million through the sale of up to 20 million units at $0.05 each, with each unit comprising one Class A common share and one warrant exercisable at $0.05 for three years, and includes potential cash and warrant commissions of up to 7% for intermediaries. Net proceeds will be directed toward marketing, ongoing development and enhancement of the Tell Me application, and general working capital, signaling Geekco’s intent to strengthen its market presence and accelerate the rollout and adoption of its location-based marketing platform, subject to final regulatory approvals and resale restrictions on the new securities.

The most recent analyst rating on (TSE:GKO) stock is a Hold with a C$0.04 price target. To see the full list of analyst forecasts on Geekco Technologies Corporation Class A stock, see the TSE:GKO Stock Forecast page.

Spark’s Take on TSE:GKO Stock

According to Spark, TipRanks’ AI Analyst, TSE:GKO is a Neutral.

The score is primarily constrained by weak financial performance (ongoing losses, negative cash flow, and negative equity). Technical indicators are also soft (negative MACD and sub-50 RSI), while valuation provides limited support due to a negative P/E and no dividend. Recent private placement activity modestly offsets risk by potentially improving liquidity.

To see Spark’s full report on TSE:GKO stock, click here.

More about Geekco Technologies Corporation Class A

Geekco Technologies Corporation is a Montréal-based technology company focused on digital marketing solutions that connect consumers with local businesses. Its Tell Me mobile application uses an interactive map to help users discover nearby shops in real time, access exclusive rewards and promotions, and search for jobs, while giving retailers a tool to boost foot traffic, visibility, and recruitment within their neighborhoods.

Average Trading Volume: 184,482

Technical Sentiment Signal: Sell

Current Market Cap: C$3.19M

Find detailed analytics on GKO stock on TipRanks’ Stock Analysis page.

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