ZenaTech, Inc. (ZENA) Form 424B5 — May 18, 2026
ZenaTech, Inc. (ZENA) has priced a $25 million equity offering, selling 11.79 million common shares and warrants at $2.12 per share. The offering is being facilitated by Maxim Group LLC as the sole placement agent, which will receive a 5.5% commission ($1.375 million), leaving net proceeds of approximately $23.6 million to the company. The offering price of $2.12 represents a significant discount to the company's net tangible book value of $2.95 per share, resulting in immediate dilution of $1.34 per share for new investors and a reduction in net tangible book value for existing shareholders.
Key figures
- Revenue
- 12912722
- Total Debt
- 70758249
- Revenue Yoy
- 558%
- Total Assets
- 99763441
- Gross Proceeds
- 25000000
- Offering Price
- 2.12
- Shares Offered
- 11792455
- Net Proceeds
- 23625004
- Warrant Exercise Price
- 2.5
- Underwriting Commission
- 1375000
- Warrant Redemption Price
- 6.75
- Dilution Per Share New Investors
- 1.34
- Net Tangible Book Value Per Share
- 2.95
- Shares Outstanding Post Offering
- 97706485
- Adjusted Net Tangible Book Value Per Share
- 2.17
Price after filing
Close on the filing date to close N calendar days later (from $1.36). Historical, not a forecast.
AI analysis
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