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GEEKCO ANNOUNCES AN EXTENSION AND CHANGES TO ITS OFFERING
GEEKCO ANNOUNCES AN EXTENSION AND CHANGES TO ITS OFFERING Canada NewsWire MONTR&#x...
About this update from Geekco Technologies Corporation Class A
[{"type":"text","content":"\n\n\nGEEKCO ANNOUNCES AN EXTENSION AND CHANGES TO ITS OFFERING\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\nMONTRÉAL, Dec. 8, 2025 /CNW/ - Geekco Technologies Corporation (the \"Corporation\" or \"Geekco\") (TSXV: GKO) announces that it extends until January 7, 2026  its non-brokered private placement previously announced on October 27, 2025 and converts it from a placement under the listed issuer financing exemption that is thus withdrawn to a placement launched under other prospectus exemptions such as for qualified investors (the \"Private Placement\"). The revised Private Placement will now be for a gross proceeds of a maximum of $1,000,000 (20,000,000 units) without minimum. Each unit at a price of $0.05 (each a \"Unit\") will still consist of one (1) Class A share of the share capital of the Corporation (each a \"Common Share\") and one (1) warrant (each a \"Warrant\") but each Warrant will entitle the holder to acquire one (1) additional Common Share at the revised price of $0.05 until three (3) years from their issuance date.\n\n\n\n\n\n\n\nThe Corporation intends to use the net proceeds from the Private Placement for its marketing campaign, the development and continuous improvement of its application as well as for general and working capital purposes.\nAny intermediary can receive a cash commission of up to 7% of the aggregate gross proceeds of subscriptions for the Private Placement submitted by this intermediary; and a commission in the form of intermediary warrants for an equivalent number of up to 7% of the number of Units issued under the Private Placement from subscriptions submitted by this intermediary. Each intermediary warrant will have the same terms as the Warrants included in the Units.\nThe Private Placement is subject to customary conditions, including the receipt of all necessary regulatory approvals, including the final approval of the TSXV and any other applicable regulatory approvals. The Units, Common Shares, Warrants and intermediary warrants will be subject to resale restrictions for four mo...