Rektron Completes US$5 Million Initial Public Offering, and Announces Listing on the CSE

Vancouver-based Rektron Group Inc. has successfully closed its initial public offering (IPO), raising US$5,000,001 through the issuance of 3,333,334 units at US$1.50 per unit. The Offering was led by Research Capital Corporation. Each unit comprises one common share and one common share purchase warrant, with warrants exercisable at US$2.25 until August 23, 2027.

The company's common shares began trading today on the Canadian Securities Exchange under the symbol "REK.U". Net proceeds will support trading activities, covering Offering-related costs, and general corporate purposes.

Research Capital retains an option to purchase up to an additional 500,000 units within 30 days, and received a 7.0% commission of the gross proceeds, along with compensation options to buy up to 163,116 units.

Significant shareholders Callan Partners Limited and Nile Flow Limited reduced their holdings by surrendering shares, now holding 40.49% and 49.48% of issued and outstanding common shares, respectively. Early warning reports have been filed on SEDAR+.