Announcement • May 12
Beckett's Inc. announced that it has received CAD 0.6786 million in funding On May 11, 2026, Beckett's Inc. has closed the transaction. Announcement • May 02
Beckett's Inc. announced that it expects to receive CAD 0.6786 million in funding Beckett's Inc. announced a non-brokered private placement of secured convertible debentures in the principal amount of CAD 678,600 for gross proceeds of CAD 678,600 on May 1, 2026. The principal amount of the debentures will bear interest at a rate of 8% per annum and will have a term of five years. Subject to regulatory approval, interest in the principal amount outstanding shall be paid annually in common shares at a deemed issue price equal to the lowest price permissible by the rules and policies of the CSE. At the option of the holder, the principal amount of the debentures may be converted into common shares at a conversion price of CAD 0.025 per common share, subject to customary adjustments. The financing may be completed in one or more tranches. The company reserves the right to issue additional debentures of up to CAD 1,357,200 in principal. It is expected that CAD 40,716 of debentures will be purchased by insiders. All securities issued in connection with this offering, including the common shares issuable upon conversion of the debentures, will be subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws. The company intends to close the financing on or about May 7, 2026. Completion of the financing remains subject to the approval of the Canadian Securities Exchange. New Risk • May 02
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: CA$1.2m (US$909k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (52% average weekly change). Negative equity (-CA$675k). Revenue is less than US$1m (CA$1.2m revenue, or US$909k). Market cap is less than US$10m (CA$7.27m market cap, or US$5.35m). 
