nDatalyze Details Financing and Share Structure for PRISM Reverse Takeover

nDatalyze Corp ( (TSE:NDAT) ) just unveiled an announcement.

nDatalyze Corp. has updated the terms and timeline of its proposed reverse takeover of PRISM Diversified Ltd., with the Definitive Agreement now expected by March 31, 2026. The deal is designed to create a resulting issuer heavily weighted toward PRISM’s mine-to-metals business, while existing nDatalyze shareholders retain a defined equity stake.

The transaction structure contemplates a minimum $2 million in financing, including a $400,000 private placement by PRISM at $0.10 per share and a $1.6 million subscription receipt offering to be led by nDatalyze. Upon closing, nDatalyze’s 41,327,425 shares will convert into 15,555,555 shares of the resulting issuer, with total post-closing shares projected at 162,560,555 and all of nDatalyze’s operating assets, except $30,000 in cash, spun out to current shareholders.

Subscription receipts will only convert into shares if the reverse takeover closes, aligning investor exposure with successful completion of the deal. The RTO remains subject to Canadian Securities Exchange approval and PRISM shareholder approval, and any additional financing above $2 million must be priced at a minimum of $0.10 per share without further diluting nDatalyze shareholders’ fixed allocation.

The most recent analyst rating on (TSE:NDAT) stock is a Hold with a C$0.05 price target. To see the full list of analyst forecasts on nDatalyze Corp stock, see the TSE:NDAT Stock Forecast page.

Spark’s Take on TSE:NDAT Stock

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

The score is primarily weighed down by severe fundamental deterioration (collapsed revenue, persistent losses, and negative free cash flow) despite a debt-free balance sheet. Technicals provide partial support due to strong momentum above key moving averages, but overbought signals add near-term risk. Valuation remains constrained by lack of profitability and no dividend support.

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

More about nDatalyze Corp

nDatalyze Corp., listed on the Canadian Securities Exchange under the symbol NDAT, is transitioning its focus through a planned reverse takeover of PRISM Diversified Ltd., an Alberta-based mine-to-metals producer. PRISM aims to capitalize on Alberta’s low-cost natural gas, carbon sequestration infrastructure, hydrogen expertise and industrial workforce to supply lower-emissions steel production and critical minerals markets.

Average Trading Volume: 50,143

Technical Sentiment Signal: Hold

Current Market Cap: C$2.07M

See more data about NDAT stock on TipRanks’ Stock Analysis page.