Vancouver, British Columbia — February 10, 2026 — Leads & Copy —ALUULA Composites Inc. (TSXV: AUUA) (OTCQB: AUUAF) is set to launch a brokered private placement offering to raise C$10,002,300.
The offering will consist of 3,031,000 units of the company at a price of C$3.30 per unit. Canaccord Genuity Corp. will act as the sole agent and bookrunner for the offering on a “best efforts” basis.
Each unit comprises one common share of ALUULA Composites and half of one common share purchase warrant. A whole warrant will allow the holder to purchase one common share of the company at C$4.29 any time up to 24 months after the offering’s closing date.
ALUULA Composites may expedite the warrant expiry if its common shares trade on the TSX Venture Exchange (TSXV) or any other listed Canadian stock exchange at a volume weighted average price of C$8.25 or more per share for 30 consecutive trading days, subject to the warrant terms. The warrants will not be transferable.
The units will be offered through the listed issuer financing exemption under Part 5A of National Instrument 45-106 in all Canadian provinces and territories, meaning the units issued to Canadian residents will not be subject to resale restrictions.
The company is also planning to offer units to investors in other qualifying jurisdictions, including the United States, under Rule 506(b) of Regulation D of the U.S. Securities Act of 1933.
Canaccord Genuity Corp. has been granted an option to purchase up to 15% of the units sold in the offering at the offering price, exercisable up to 48 hours before the offering’s closing date. The agent is entitled to the same cash commission and agent’s warrants for any additional units issued.
ALUULA Composites plans to use the net proceeds from the offering to expand its manufacturing capacity by building a new facility, as well as for general administrative and working capital purposes.
The offering is expected to close around February 24, 2026, or within 45 days of the news release date. Completion is contingent upon regulatory approvals and compliance with TSXV policies. Genthod Global Advisory SA has been engaged as a finder for the offering.
An offering document related to the offering is available on SEDAR+ and ALUULA’s website. Prospective investors are advised to read the document before making any investment decisions.
ALUULA Composites Inc. is known for ultra-light, high-performance, and recycle-ready composite materials that enhance the performance of outdoor gear. The company’s materials are designed to make products lighter, stronger, and more sustainable.
Sage Berryman, Chief Executive Officer, can be reached at 1-888-724-2470.
For ALUULA investor inquiries, contact 1-888-724-2470, ext. 4 or IR@aluula.com. Media inquiries can be directed to media@aluula.com.
Certain statements in the release contain forward-looking information regarding the Offering, the Over-Allotment Option, completion of the Offering, the expected closing date of the Offering and the use of proceeds of the Offering.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.
Neither TSXV nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Not for Distribution to US Newswire Services or for Dissemination in the United States
Source: ALUULA Composites Inc.
