RTRS Technologies to go public via reverse takeover, raising $6.85M
What's the deal? RTRS TechnologiesDealroom has a profile for this one. Try Dealroom → has agreed to merge with 1317234 B.C. Ltd.Dealroom has a profile for this one. Try Dealroom → through a reverse takeover, a structure that will list the combined business on the TSX Venture Exchange. The parties signed a definitive merger agreement on September 11, 2026, and the resulting company will be renamed NFTR Technologies Inc.Dealroom has a profile for this one. Try Dealroom →
How it works: A subsidiary of 1317234 B.C. Ltd. will merge into RTRS under Delaware law, leaving RTRS as the surviving entity and a wholly owned subsidiary of the resulting issuer. Non-US shareholders will receive subordinate voting shares; US shareholders will get multiple voting shares.
The financing: Alongside the merger, the company is raising at least $6,850,000 through a concurrent private placement of subscription receipts priced at $1.00 each. Haywood Securities Inc.Dealroom has a profile for this one. Try Dealroom → is acting as lead agent and sole bookrunner on a best-efforts basis.
Why now? Haywood was engaged in March 2026, and the deal bundles the fundraise with the listing. It also holds an option to increase the raise by up to 15% before closing.
The signal: Reverse takeovers remain a common route for private companies to reach public markets in Canada without a traditional initial public offering. By pairing the listing with a capital raise, RTRS secures both a public vehicle and fresh funding in a single transaction.
Read more: finanznachrichten.de
Image credit: Ken Lund
