Business
Zedcor Inc. Expands Credit Facility to $75 Million to Support North American Growth Plans
Calgary, Alberta--(Newsfile Corp. - February 3, 2026) - Zedcor Inc. (TSXV: ZDC) ("Zedco...
About this update from Zedcor Inc
[{"type":"text","content":"Zedcor Inc. Expands Credit Facility to $75 Million to Support North American Growth PlansCalgary, Alberta--(Newsfile Corp. - February 3, 2026) - Zedcor Inc. (TSXV: ZDC) (\"Zedcor\" or the \"Company\") is pleased to announce it has expanded its credit facility, by an incremental $25.0 million, to $75.0 million total committed borrowing availability with its primary lending partner, National Bank of Canada (\"National Bank\"). This increased access to non-dilutive capital strengthens the Company's ability to support growth investments in its fleet of MobileyeZTM towers, alongside its scaling sales force and enterprise customer efforts, in a way that optimizes its cost of capital.This expanded credit facility consists of $75.0 million of fully committed capital and an additional uncommitted $25.0 million accordion feature. The terms of the credit facility are otherwise unchanged from those previously announced on October 6, 2025.The finalization of the expanded credit facility with National Bank coincides with the opening of the Company's new manufacturing facility and monitoring center in Houston, Texas, both of which are now operational as previously scheduled. The increased manufacturing and monitoring capacity, along with the added financing, allows Zedcor to continue to scale its MobileyeZ™ tower fleet, with production capabilities at the new Houston manufacturing facility now exceeding 50 towers per week. Todd Ziniuk, President and CEO of Zedcor, commented: \"We are excited to expand our relationship with National Bank and are thankful for their continued partnership in our growth journey. This enables us to fund strategic growth initiatives, strengthens our balance sheet, and reinforces confidence in our business plan as we scale our security platform across Canada and the United States. After exiting 2025 with more than 2,750 MobileyeZ™ towers deployed, our focus remains on scaling the fleet meaningfully by the end of 2026, with additional upside from targeted enterprise deployments. Driven by industry-leading service levels and proven security outcomes, our industry-agnostic MobileyeZ™ security solutions are differentiated by 24/7 Live, Verified Monitoring™ from security experts at local monitoring centers and continuously evolving artificial intelligence (AI) capabilities. With our ne...