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Carrier Connect Data Solutions Upsizes a Private Placement of Units to up to $10.5 Million
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Carrier Connect Data Solutions Upsizes a Private Placement of Units to up to $10.5 Million
Mar 11, 2026 4:37 AM

11:36 AM EST, 02/18/2026 (MT Newswires) -- Carrier Connect Data Solutions ( CCDSF ) on Wednesday upsized a "commercially reasonable efforts" private placement of share units to up to $10.5 million from $8 million.

The company said the upsized offering now consists of up to 6.6-million units priced at $1.60 apiece and made up of a share and one half of a two-year warrant to buy a share for $2.10. .

Proceeds from the offering will be used for acquisitions, debt repayment, capital improvement and data center expansions, marketing and staffing, and for general corporate purposes and working capital needs.

Shares of the company were last seen down $0.06 to $1.74 on the TSX Venture Exchange.

Price: 1.74, Change: -0.06, Percent Change: -3.33

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