The offering was managed exclusively by H.C. Wainwright & Co. In addition to the primary share issuance, the company issued unregistered warrants allowing for the purchase of up to 673,006 shares at an exercise price of CAD$4.39, exercisable over a five-year term. DEFSEC plans to allocate the net proceeds toward general corporate purposes and working capital requirements.

Transaction costs included a cash fee of CAD$188,778 paid to the placement agent, which also received 50,475 warrants exercisable at CAD$4.675 per share. The common shares were issued under an effective shelf registration statement, while the warrants were distributed via a private placement exempt from standard registration requirements. The transaction remains subject to final approval from the TSX Venture Exchange.