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Zedcor Energy Inc ( (TSE:ZDC) ) has provided an update.
Zedcor Inc. has filed a final short form prospectus for a public offering of common shares, aiming to raise $22,009,500 through a ‘bought deal’ arrangement. The offering is expected to close by February 5, 2025, pending all necessary approvals, with shares conditionally approved for listing on the TSX Venture Exchange. The underwriters have an option to purchase additional shares to cover over-allotments and stabilize the market.
More about Zedcor Energy Inc
Zedcor Inc. is a company innovating in the physical security industry by offering proprietary MobileyeZ™ security towers, which provide mobile surveillance and live monitoring solutions to major clients across North America. The company is focused on expanding its presence in Canada and the United States, with service centers in various regions, and plans to extend its reach with new locations in Phoenix, Arizona, and Atlanta, Georgia by mid-2025.
YTD Price Performance: 2.56%
Average Trading Volume: 249,161
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$345.8M
See more insights into ZDC stock on TipRanks’ Stock Analysis page.
