21:27:36 EST Thu 26 Feb 2026
Enter Symbol
or Name
USA
CA



Hydaway Digital Corp
Symbol HIDE
Shares Issued 31,130,001
Close 2026-02-26 C$ 0.50
Market Cap C$ 15,565,001
Recent Sedar+ Documents

Hydaway closes $1.2-million private placement

2026-02-26 18:30 ET - News Release

Mr. Karl Kottmeier reports

HYDAWAY DIGITAL CLOSES $1,200,000 PRIVATE PLACEMENT FINANCING

Hydaway Digital Corp. has closed its previously announced non-brokered private placement financing of 4.8 million units at a price of 25 cents per unit for gross proceeds of up to $1.2-million.

Each unit consists of one common share of the company and one share purchase warrant, with each warrant exercisable at 40 cents per share for a period of one year from the date of issue. The company has the right to accelerate the expiry date if, at any time, the shares trade at a price equal to or greater than 75 cents for five consecutive trading days. In the event of acceleration, the expiry date will be accelerated to a date that is 30 days after the company issues the acceleration notice through a news release, provided that the acceleration notice is issued within 10 business days after the end of the particular five-day period.

The securities issued under the offering are subject to restrictions on resale for a period of four months from the date of issue. In connection with the offering, the company paid a total of $39,500 finder's fee in cash. The proceeds of the offering will be used to continue to develop the company's GPU rental platform, as well as for general working capital purposes.

Karl Kottmeier, the chief executive officer and a director of the company, subscribed for 110,000 units, contributing $27,500 to the offering, through a company, Madjak Management Ltd. This participation constitutes a related-party transaction as defined under Multilateral Instrument 61-101. However, the company expects to be exempt from formal valuation and minority shareholder approval requirements under sections 5.5(a) and 5.7(a) of MI 61-101 as his participation does not exceed 25 per cent of the company's market capitalization.

About Hydaway Digital Corp.

The company is a computer rendering and GPU rental service provider located in North Vancouver, B.C. The company is focused on expanding access to scalable compute power and building infrastructure to support artificial intelligence training, inference and high performance workloads.

We seek Safe Harbor.

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