Announcement • Jun 02
Edgewater Wireless Systems Inc. announced that it expects to receive CAD 1 million in funding Edgewater Wireless Systems Inc. announces a non-brokered private placement to issue 16,666,667 units at a price of CAD 0.06 per Unit for gross proceeds of CAD 1,000,000.02 on June 1, 2026. Each Unit will consist of one common share and one common share purchase warrant, each warrant entitling the holder to purchase one additional common share of the Company at an exercise price of CAD 0.09 per share for a period of two years from the closing date. Any securities issued in connection with the Offering will be subject to a four-month hold period, in accordance with securities laws and the policies of the TSXV, as applicable. The Offering is subject to TSXV acceptance. The Offering is subject to a 15% over-allotment pursuant to which the Company may sell an additional 2,500,000 Units for aggregate gross proceeds of up to an additional CAD 150,000 over the CAD 1,000,000 Offering amount described herein. New Risk • May 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.6m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-CA$1.2m). Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$10.8m market cap, or US$7.85m). New Risk • Jan 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.6m free cash flow). Negative equity (-CA$1.0m). Earnings have declined by 6.3% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.2m market cap, or US$9.46m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). 
