Intermap Technologies Closes Bought Deal Public Offering for Gross Proceeds of $28,752,300, Including the Full Exercise of the Over-Allotment Option

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Last update: Sep 29, 2025

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DENVER, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Intermap Technologies Corporation (TSX: IMP; OTCQB: ITMSF) ("Intermap" or the "Company"), a global leader in 3D geospatial products and intelligence solutions, announced today that it has closed its previously announced and upsized "bought deal" public offering of 9,584,100 Class A common shares in the capital of the Company (the "Common Shares") at a price of $3.00 per Common Share for aggregate gross proceeds to the Company of $28,752,300, including the full exercise of the over-allotment option granted to the Underwriters (as defined herein) (the "Offering").