PesoRama Announces $5 Million LIFE Offering for Store Expansion and Working Capital

Tuesday, Jun 10, 2025 7:20 am ET1min read

PesoRama Inc. is conducting a non-brokered private placement of up to $5 million in a LIFE Offering, selling 33.3 million units at $0.15 per unit. Each unit consists of one common share and one warrant exercisable for 24 months. The company plans to use the proceeds for store expansion and working capital. The securities issued will not be subject to a hold period under Canadian securities laws, except for insiders and certain consultants who will be subject to a four-month hold period.

PesoRama Inc. (PSSOF), a Canadian company operating dollar stores in Mexico, has announced a non-brokered private placement offering to raise $5 million through the sale of 33,333,333 units at $0.15 per unit. Each unit consists of one common share and one warrant exercisable for 24 months. The warrants include an acceleration clause if the stock trades above $0.50 for 10 consecutive days. The company plans to use the proceeds for store expansion and working capital. The offering is expected to close around June 26, 2025, subject to TSXV approval. Insiders may participate in the offering, and the company has partnered with Markette Ventures for digital distribution, paying a 1% fee. Additional finder's fees of up to 7% cash and 7% warrants may be paid to eligible finders [1].

The company's stock is currently trading at $0.17 per share, with a valuation of $0.17 per share as of June 8, 2025. The stock is listed on the TSX Venture Exchange under the symbol PESO. PesoRama's valuation is based on a proprietary calculation using model and analyst inputs, including Discounted Cash Flow (DCF), Price & Other Comparables, Multiples, Adjusted Book Value (ABV), and Analyst Consensus. The company generates maximum revenue from Asia and has a geographic presence in the U.S., Canada, and Asia [3].

The private placement is subject to TSX Venture Exchange approval, and all issued securities will have a four-month and one-day hold period, except for insiders and certain consultants who will be subject to a four-month hold period. The securities are not registered under the U.S. Securities Act. The company may pay finders' fees of up to 10% cash and 10% broker warrants [2].

This offering provides investors with an opportunity to participate in the growth of PesoRama's retail operations in Mexico. The company's focus on store expansion and working capital highlights its commitment to sustainable growth and market penetration.

References:
[1] https://www.stocktitan.net/news/PSSOF/peso-rama-announces-5-million-life-whfu9crlduvc.html
[2] https://www.stocktitan.net/news/DTMXF/datametrex-announces-non-brokered-private-placement-6v1k5sdavba4.html
[3] https://www.barchart.com/story/news/32774960/eastwood-bio-medical-top-10-undervalued-retail-defensive-industry-stocks-ebm

Comments



Add a public comment...
No comments

No comments yet