Jaguar Uranium Corp. filed SEC Form 8-K: Unregistered Sales of Equity Securities, Leadership Update, Other Events
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Item 3.02. Unregistered Sales of Equity Securities
On February 11, 2026, the Company consummated its initial public offering (“IPO”) of 6,250,000 Class A common shares, no par value, of the Company (the “IPO Shares”). The IPO Shares were sold at a price of $4.00 per share, for gross proceeds to the Company of $25,000,000, as described in the prospectus (the “Prospectus”) dated February 9, 2016, filed with the Securities and Exchange Commission (the “SEC”) pursuant to 424(b) of the Securities Act of 1933, as amended (the “Securities Act”), which is deemed to be part of the Registration Statement on Form S-1 (File No. 333-292006) (as amended, the “Registration Statement”).
As disclosed on the Registration Statement, on February 12, 2026, the Company issued (a) 50,000 Class A common shares, no par value, of the Company (the “Common Shares”) upon conversion of a convertible debenture to an existing shareholder; (b) 3,836,757 Common Shares to Green Shift Commodities Ltd. pursuant to Share Purchase Agreement dated December 8, 2023 by and among the Company, Gaia Energy Inc., an Ontario corporation, and Green Shift Commodities Ltd., an Ontario corporation, as amended by the Amending Agreement dated April 8, 2024; and (c) 1,000,000 Common Shares to Consolidated Uranium Inc. pursuant to Share Purchase Agreement dated July 17, 2024 by and between the Company and Consolidated Uranium Inc., an Ontario corporation and a wholly-owned subsidiary of IsoEnergy Ltd., an Ontario corporation.
The above mentioned Common Shares were issued pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Director Appointments
As described in the Registration Statement, each of Janet Meiklejohn and Tomas De Pablos Souza were appointed to the Company’s Board of Directors (the “Board”) effective February 11, 2026. Janet Meiklejohn and Tomas De Pablos Souza are independent directors as defined under the applicable rules of the SEC and the listing standards of the NYSE American LLC. Additional information regarding, among other things, each of Janet Meiklejohn’s and Tomas De Pablos Souza’s background is contained in the Registration Statement and is incorporated herein by reference.
2025 Equity Incentive Plan
Effective February 11, 2026, the Board adopted and approved the Jaguar Uranium Corp. 2025 Equity Incentive Plan (the “Equity Incentive Plan”) in the form previously filed as Exhibit 10.11 to the Registration Statement. For further information regarding the Equity Incentive Plan, see “Executive and Director Compensation” in the Prospectus. The above description of the Equity Incentive Plan is not complete and is qualified in its entirety by reference to such exhibit.
Item 8.01. Other Events.
On February 11, 2026, the Company completed its IPO of 6,250,000 Common Shares at a public offering price of $4.00 per share. In addition, the Company granted an option to the underwriter to purchase up to 937,500 additional Common Shares, solely to cover over-allotments, if any, less the underwriting discount within 30 days of February 9, 2026. The gross proceeds to the Company from the IPO were $25.0 million, before deducting underwriting discounts and offering expenses payable by the Company.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed by the undersigned hereunto duly authorized.
| Date: February 18, 2026 | Jaguar Uranium Corp. | |
| By: |
/s/ Steven Gold | |
| Name: | Steven Gold | |
| Title: | President and Chief Executive Officer | |
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