Scope Technologies Corp. Closes $3‑Million Private Placement

Scope Technologies Corp. (CSE: SCPE; OTCQB: SCPCF; FSE: VN8) completed a non‑brokered private placement on 5 November 2025, issuing 7,894,736 units at a unit price of $0.38, generating $3,000,000 in net proceeds. Each unit comprises a common share and half of a warrant that can be exercised at $0.60 to purchase an additional share until 5 November 2028. The offering is subject to a resale restriction until 6 March 2026, and the company paid $49,431.30 in finder fees.

The capital raised will be deployed to accelerate Scope’s expansion of its QSE (Qualified Software‑as‑a‑Service) platform, which delivers analytics and visualization solutions across Canada. With the influx of funds, the company is poised to scale its software delivery, enhance product features, and deepen its market presence on the Canadian National Stock Exchange.

Market Context

Scope’s stock has traded at $0.64 on 4 November 2025, following a 52‑week high of $1.88 (26 December 2024) and a low of $0.32 (14 May 2025). The company’s market cap sits at roughly $31.1 million CAD, and it currently reports a negative price‑earnings ratio of -1.6, reflecting its growth‑stage focus and the need for continued investment.

Forward Outlook

The successful completion of this private placement signals investor confidence in Scope’s technology platform and its potential to capture a larger share of the Canadian analytics market. The additional capital will enable the firm to accelerate development, expand its customer base, and strengthen its competitive moat in a sector that increasingly relies on data‑driven insights.

Scope’s management has outlined a clear use of proceeds: investing in product development, expanding sales and marketing efforts, and potentially exploring strategic partnerships or acquisitions that align with its core analytics and visualization capabilities. As the company moves forward, market participants should watch for further disclosures on revenue growth, customer acquisition, and product roadmap milestones that will validate the value proposition underpinning the recent capital raise.