Business
GEEKCO ANNOUNCES AN EXTENSION TO ITS OFFERING
Geekco Technologies Corporation (the "Corporation" or "Geekco") (TSX-V: GKO) announces that in order to gather more subscribers, it now expects to close on or around January 16, 2026 its non-brokered private placement previously announced on October 27, 2025 and December 8, 2025 (the "Private Placement"). The Private Placement is 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 consist of one (1) Class A share
About this update from Geekco Technologies Corporation Class A
[{"type":"text","content":"MONTRÉAL, Jan. 6, 2026 /CNW/ - Geekco Technologies Corporation (the "Corporation" or "Geekco") (TSX-V: GKO) announces that in order to gather more subscribers, it now expects to close on or around January 16, 2026 its non-brokered private placement previously announced on October 27, 2025 and December 8, 2025 (the "Private Placement"). The Private Placement is 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 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"). 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.","length":867,"tagName":"p"},{"type":"image","alt":"Logo de Geekco (CNW Group/Geekco Technologies Corporation)","displaySize":"","headline":null,"caption":"Logo de Geekco (CNW Group/Geekco Technologies Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":127,"url":"https://media.zenfs.com/en/cnwgroup.com/9e7ec1436ae7ca9419d29028a3c38b6d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/HbRCdiNEePnfYsGdK9bBfA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIyNDtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/9e7ec1436ae7ca9419d29028a3c38b6d","width":400,"height":127}},"href":"https://mma.prnewswire.com/media/2856028/Geekco_Technologies_Corporation_GEEKCO_ANNOUNCES_AN_EXTENSION_TO.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The 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.","length":217,"tagName":"p"},{"type":"text","content":"Any 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...