15:08:14 EDT Wed 06 May 2026
Enter Symbol
or Name
USA
CA



SCD Capital Corp
Symbol SMCD
Shares Issued 14,000,000
Recent Sedar+ Documents

SCD Capital completes $650,000 IPO, lists on TSX-V

2026-05-06 12:52 ET - News Release

Subject: SCD Capital Corp. (TSXV: SMCD.P) - News Release PDF Document

File: Attachment SCD.News Release - IPO and Listing - May 6, 2026.pdf

SCD CAPITAL CORP. COMPLETES IPO AND ANNOUNCES LISTING ON THE TSX VENTURE EXCHANGE

News Release - Vancouver, British Columbia May 6, 2026: SCD Capital Corp. (TSX-V: SMCD.P) (the "Company") is pleased to announce that the Company completed its initial public offering ("IPO") in which it distributed 6,500,000 common shares of the Company at a price of $0.10 per common share for aggregate gross proceeds of $650,000 pursuant to a final prospectus dated April 2, 2026. The Company's common shares were listed on May 6, 2026 and are expected to commence trading on the TSX Venture Exchange (the "Exchange") on or about May 8, 2026 under the trading symbol "SMCD.P".

Canaccord Genuity Corp. (the "Agent") acted as exclusive agent in respect of the IPO on a commercially reasonable efforts basis. The IPO consisted of the distribution of 6,500,000 common shares at a price of $0.10 per common share. Pursuant to the IPO, the Agent received a cash commission of $65,000 (10% of the gross proceeds) and an aggregate of 650,000 non-transferable common share purchase warrants entitling the Agent and members of its selling group to purchase 650,000 common shares at $0.10 per common share at any time until May 6, 2031. The Agent also received a cash administration fee of $20,000.

At the closing of the IPO, the Company also granted stock options (the "Options") to the directors of the Company to acquire up to an aggregate of 1,400,000 common shares. Each Option is exercisable to acquire one common share at a price of $0.10 at any time until May 6, 2031, all of which are subject to escrow restrictions pursuant to the policies of the Exchange.

Following completion of the IPO, the Company has 14,000,000 common shares issued and outstanding, 7,500,000 of which are subject to escrow restrictions pursuant to the policies of the Exchange.

The Company is a capital pool company within the meaning of the policies of the Exchange. The Company has not commenced operations and has no assets other than cash. The Company will use the net proceeds of the IPO to identify and evaluate potential `Qualifying Transactions' pursuant to the policies of the Exchange.

Additional information on the Company can be found in the Company's long form prospectus dated April 2, 2026 as filed on SEDAR+ at www.sedarplus.ca. The CUSIP number assigned to the Company's common shares is: 80620E101 and the ISIN is: CA80620E1016.

Contact Information Trevor Treweeke CEO, Director and Corporate Secretary Tel: 778-870-5028 Email: trevortreweeke@gmail.com Address: 228 1122 Mainland Street Vancouver, B.C., V6B 5L1

This news release includes "forward-looking information" that is subject to a few assumptions, risks and uncertainties, many of which are beyond the control of the Company. Statements regarding listing of the Company's common shares on the TSX Venture Exchange and identifying Qualifying Transactions are subject to all of the risks and uncertainties normally incident to such events. Investors are cautioned that any such statements are not guarantees of future events and that actual events or developments may differ materially from those projected in the forward-looking statements. Such forward-looking statements represent management's best judgment based on information currently available. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including those set out in the Company's final long form prospectus dated April 2, 2026 and filed under the Company's profile on SEDAR+ at www.sedarplus.ca.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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