Mississauga, Ontario — November 5, 2025 — Leads & Copy — VIQ Solutions Inc. (TSXV: VQS) has closed the second tranche of its upsized non-brokered private placement, raising approximately C$585,000.
The offering involved issuing an additional 3,146,063 units at C$0.186 per unit. Each unit includes one common share and one common share purchase warrant.
The warrants allow holders to buy a common share at C$0.190 until November 5, 2030. The initial tranche closed on October 27, 2025, securing approximately C$2 million.
According to Interim CEO Larry Taylor, the total proceeds exceeding C$3 million will fund technology innovations, support organic growth, and facilitate tuck-in acquisitions. Brad Wells, Board Chair, noted that the oversubscribed private placement demonstrates investor trust in VIQ’s growth.
Jacob Manning VIQ Solutions, Email: marketing@viqsolutions.com, Phone: (800) 263-9947
Source: VIQ Solutions