PesoRama Inc. Upsizes Equity Offering Amid Strong Investor Demand

In a significant development for PesoRama Inc., the Canadian dollar store retailer has announced an upsizing of its equity offering to $6.8 million, reflecting robust investor interest. This strategic move, reported by multiple financial news sources on July 7, 2025, underscores the company’s growing appeal in the market.

Initially set at $5 million, the offering has been expanded due to the strong demand from investors. The revised offering includes the original LIFE offering and a concurrent non-brokered private placement of up to 12 million units. Each unit is priced at $0.15 and comprises one common share along with one warrant, exercisable at $0.30 per share over a 24-month period.

The decision to increase the offering size is a testament to PesoRama’s solid market position and its potential for growth. The company, listed on the TSX Venture Exchange, operates under the JOI DOLLAR PLUS brand in Mexico, offering a diverse range of products from household goods to confectionery items.

The proceeds from this upsized offering are earmarked for strategic initiatives, including store expansion and bolstering working capital. These funds are crucial for PesoRama as it seeks to enhance its footprint in the competitive retail landscape.

The offering is expected to close around July 9, 2025, pending regulatory approvals, including those from the TSX Venture Exchange. This move is anticipated to strengthen PesoRama’s financial position, enabling it to capitalize on growth opportunities in the retail sector.

As of July 3, 2025, PesoRama’s close price stood at $0.16 CAD, with a 52-week high of $0.195 and a low of $0.085. The company’s strategic financial maneuvers, coupled with its operational strengths, position it well for future growth.

Investors and market watchers will be keenly observing the outcome of this offering, as it could set the stage for PesoRama’s next phase of expansion and market penetration. With a clear focus on leveraging investor confidence, PesoRama is poised to make significant strides in its retail operations.