MONTRÉAL, Feb. 9, 2026 /CNW/ - Geekco Technologies Corporation (the "Corporation" or "Geekco") (TSXV: GKO) is pleased to announce that it has closed as of February 6, 2026 the second and final tranche of its non-brokered private placement (the "Private Placement"). Under the second tranche of Private Placement, the Corporation issued 18,400,000 units (the "Units" or each a "Unit") at a price of $0.05 per Unit for aggregate gross proceeds of $920,000. This second tranche brought the aggregate proceeds of the Private Placement to 1,420,000 $ (or 28,400,000 Units) when combined with the first out of a maximum of $1,500,000 (or 30,000,000 Units). Each Unit consists 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 entitles the holder to acquire one (1) additional Common Share at the revised price of $0.05 for a period of three (3) years from the date of issuance.
Read more at newswire.caGEEKCO ANNOUNCES CLOSING OF SECOND TRANCHE OF PRIVATE PLACEMENT
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