TORONTO and SINGAPORE, May 28, 2026 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. ("Abaxx" or the "Company") (TSX : ABXX) (OTCQX : ABXXF) is pleased to announce that it has filed a prospectus supplement dated May 28, 2026 (the "Prospectus Supplement") to its short form base shelf prospectus dated May 8, 2026 (the "Base Shelf Prospectus") with the securities regulatory authorities in all provinces and territories of Canada in connection with the Company's previously announced bought deal public offering of 1,106,000 common shares of the Company (the "Shares") at a price of $54.25 per Share for aggregate gross proceeds of approximately $60,000,500 (the "Offering").
Delivery of the Base Shelf Prospectus, the Prospectus Supplement and any amendment thereto will be satisfied in accordance with the "access equals delivery" provisions of applicable Canadian securities legislation. The Base Shelf Prospectus and Prospectus Supplement are accessible on SEDAR+ at www.sedarplus.ca.
An electronic or paper copy of the Base Shelf Prospectus, the Prospectus Supplement and any amendment thereto may be obtained, without charge, from ATB Cormark Capital Markets by email at [email protected] or Cantor by email at [email protected] by providing the contact with an email address or address, as applicable. Investors should read both the Base Shelf Prospectus and the Prospectus Supplement in their entirety before making an investment decision.
Closing of the Offering is expected to occur on or about June 2, 2026, subject to customary closing conditions, including receipt of all necessary regulatory approvals, including approval of the Toronto Stock Exchange.
No securities regulatory authority has either approved or disapproved the contents of this news release. The Shares have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any U.S. state securities laws, and may not be offered or sold within the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy the Shares, nor shall there be any sale of the Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Abaxx Technologies Inc. Abaxx Technologies Inc. (TSX:ABXX, OTCQX:ABXXF) is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the ...
