#Canada #Ottawa #Investment Opportunity #DEFSEC Technologies #CAD$2.5 million

DEFSEC Technologies Completes CAD$2.5 Million Direct Offering

DEFSEC Technologies Inc. (TSXV: DFSC) has officially announced a significant financial move with the completion of a CAD$2.5 million registered direct offering. This strategic step is part of the company's ongoing efforts to bolster its financial position and funding capabilities for future initiatives.

On June 25, 2026, DEFSEC disclosed that it has entered into definitive agreements to issue 673,006 common shares at a price of CAD$3.74 (equivalent to US$2.63) per share. This offering comprises both a registered direct sale and a concurrent private placement, which includes unregistered warrants allowing for the purchase of the same number of common shares at an exercise price of CAD$4.39 each. These warrants will be immediately exercisable upon issuance and will expire five years from that date.

The anticipated closing date for this offering is around June 26, 2026, contingent upon the fulfillment of standard closing conditions. H.C. Wainwright & Co. has been appointed as the exclusive placement agent for this transaction.

The funds raised from this offering are expected to be around CAD$2.5 million before the deduction of agent fees and other associated costs. The primary purpose of this capital influx is aimed at enhancing DEFSEC's working capital and supporting general corporate initiatives.

Regulatory Compliance and Offering Details

The common shares in this transaction are being offered as per a shelf registration statement on Form F-3, originally filed with the Securities and Exchange Commission (SEC) on February 20, 2024. This registration was declared effective by the SEC on March 4, 2024. It’s important to note that the unregistered warrants and shares associated with them have not been registered under the Securities Act or applicable state laws, limiting their offer and sale within the United States except under relevant exemptions or effective registration.

The offering comes with a clear disclaimer, emphasizing that this press release does not constitute an offer to sell or solicit an offer to buy these securities in any jurisdiction where such offers would be unlawful prior to registration or qualification.

About DEFSEC Technologies

DEFSEC is at the forefront of developing and commercializing innovative next-generation tactical systems for military and security forces. Their current product offerings prominently include solutions for digitizing tactical forces, thereby providing real-time shared situational awareness and targeting intelligence through smart devices. DEFSEC also produces countermeasures against various threats, including electronic detection and unmanned aerial systems. In addition, their established ARWEN® less-lethal munitions platform and the recent PARA SHOT™ product line reinforces their commitment to offering solutions across diverse segments in the less-lethal market, notably in law enforcement applications.

As a company headquartered in Ottawa, Canada, DEFSEC is consistently driven to push technological boundaries in defense systems while maintaining regulatory compliance in all its financial dealings and offerings.

For further details related to this offering and for access to regulatory documents, interested parties can consult the SEC's official website or reach out to H.C. Wainwright & Co. directly.

Conclusion

This direct offering by DEFSEC Technologies represents a pivotal moment for the company as it looks to solidify its market presence and innovate further in the tactical technology space. As developments unfold, stakeholders and investors are keenly observing how these funds will be utilized in advancing DEFSEC's comprehensive product suite and enhancing operational capabilities.