Saturday, May 31, 2025

Latest

Eguana Tech Files $150.0 Million Base Shelf Prospectus

Eguana Technologies (TSXV: EGT) appears to be prepping for the future. The company last night filed a preliminary short form base shelf prospectus with Canadian regulators, enabling the company to raise funds at a future date.

The base shelf prospectus, which is valid for a period of twenty five months as of yesterday, enables the company to raise up to $150.0 million. Options for raising money include common shares, preferred shares, debt securities, subscription receipts, units, warrants, and share purchase contracts.

At this time, no final short form prospectus has been filed, meaning that the company has not yet signaled that it is raising funds at this moment, but rather has filed the base shelf as a precautionary measure. As such, the use of proceeds currently remains up in the air, with more details to be provided should the company elect to put forth a prospectus supplement with the intention to conduct a transaction.

The filing follows the company having a major announcement in recent weeks, wherein the company has signed a white label agreement with Power Center+, the producer of Duracell Power Center, for premium home energy systems.

Eguana Technologies last traded at $0.465 on the TSX Venture.


FULL DISCLOSURE: Eguana Technologies is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Eguana Technologies on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.

Leave a Reply

Video Articles

Alamos Gold Q1 Earnings: The Inside Scoop

Cerrado Gold Q4 Earnings: The Turnaround is Working

B2GOLD Q1 Earnings: Revenue Up, Production & Cash Flow Decline

Recommended

Canadian Copper: The $172M Combined Strategy PEA

ESGold Begins Concentration Tests Ahead Of First Production

Related News

Eguana Technologies Receives $7 Million Micro Inverter Order From US-Based Omega Group

On June 14, Eguana Technologies (TSXV: EGT) revealed it has received its first order for...

Tuesday, June 14, 2022, 07:17:20 PM

Eguana Tech Partners With Power Center+, Producer Of Duracell Power Center, To Launch Premium Home Energy Systems

The much anticipated announcement has finally been made. Eguana Technologies (TSXV: EGT) this evening announced...

Tuesday, November 2, 2021, 04:34:23 PM

Stifel: Eguana Is “An Excellent Small Cap Stock” Based On Revenue Growth Opportunity

On December 20th, Eguana Technologies (TSXV: EGT) announced that they received a 500 unit order...

Wednesday, December 22, 2021, 02:54:00 PM

Eguana Tech: Virtual Power Plants to Change The Grid – The Daily Dive feat Brent Harris

This weekend on the Daily Dive, we sit down with Brent Harris, whom is the...

Saturday, January 30, 2021, 01:30:00 PM

Eguana Launches Suite Of Microinverters For Energy Storage Controls

Eguana Technologies (TSXV: EGT) is expanding its product offerings yet again. The firm this evening...

Monday, February 28, 2022, 04:41:09 PM