Victoria, British Columbia — February 11, 2026 — Leads & Copy — ALUULA Composites Inc. (TSXV: AUUA) (OTCQB: AUUAF) has amended its agreement with Canaccord Genuity Corp., the sole agent and bookrunner, to conduct a brokered private placement offering due to strong investor demand. The offering will raise aggregate gross proceeds of C$12,002,100.
The company will offer 3,637,000 units at a price of C$3.30 per unit. Each unit will consist of one common share and half of one common share purchase warrant. Each whole warrant will allow the holder to purchase one common share at C$4.29 per share, exercisable for 24 months after the offering’s closing date.
ALUULA may accelerate the warrant expiry if its common shares trade on the TSX Venture Exchange (or any other Canadian stock exchange where they are listed) at or above C$8.25 for 30 consecutive trading days, subject to warrant terms. The warrants will not be transferable.
The units will be offered under the listed issuer financing exemption, per Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, in all Canadian provinces and territories. Units issued to Canadian residents will not be subject to resale restrictions, in accordance with NI 45-106 and the Order.
The company also expects to offer units to investors in qualifying jurisdictions, including the United States, under Rule 506(b) of Regulation D of the U.S. Securities Act of 1933.
The agent has been granted an option to offer up to an additional 17.5% of the units sold in the offering, at the offering price, up to 48 hours before the offering’s closing date. The agent will receive the same cash commission and agent’s warrants for any additional units issued upon exercising this option.
ALUULA intends to use the net proceeds from the offering to expand manufacturing capacity through a new facility and for general administrative and working capital purposes.
The offering is expected to close around February 24, 2026, or within 45 days of this release, subject to necessary approvals and TSXV policies. Genthod Global Advisory SA has been engaged as a finder.
An offering document related to this will be available on SEDAR+ at www.sedarplus.ca and the company’s website. Prospective investors should read this document before making any investment decisions.
ALUULA Composites Inc. is a Canadian manufacturer of ultra-light, high-performance, recycle-ready composite materials for outdoor gear.
Source: ALUULA Composites Inc.
