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PesoRama New (PSSOF) Stock News

PSSOF OTC

PesoRama Inc. operates dollar stores in Mexico under the JOi Dollar Plus brand. Company news centers on new store openings, retail footprint expansion in high-traffic commercial areas, and operating updates tied to Mexico's value retail market. Updates also include capital-structure actions such as private placements and warrants, along with finance leadership, reporting, treasury, and governance-related changes.

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PesoRama (PSSOF) will present at Planet MicroCap Toronto 2026 on October 28, 2026, at the Arcadian Court & Loft in Toronto. The presentation is scheduled for 8:30 AM EST Toronto local time. Founder, CEO and Chairman Rahim Bhaloo and CFO Eduardo Fernandez will host the presentation and answer questions afterward. In-person one-on-one investor meetings will also be available at the venue.

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PesoRama (PSSOF) plans to open five JOi Dollar Plus stores in Mexico, with estimated openings in October and November 2026. The Puebla and Ixtapaluca locations are scheduled for October; Ixtlahuaca de Rayón, Iztapalapa and Naucalpan are scheduled for November. The planned openings would expand the retailer's network from 49 to 54 stores.

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PesoRama (PSSOF) has filed a prospectus supplement for its previously announced bought-deal public offering seeking approximately $25 million in gross proceeds. The offering covers 41,667,000 new common shares at $0.60 each. An over-allotment option permits up to an additional 6,250,050 common shares, generating additional gross proceeds of $3,750,030 if exercised.

Canaccord Genuity is lead underwriter and sole bookrunner for a syndicate that includes Desjardins Capital Markets. PesoRama expects closing on or about October 14, 2026, subject to regulatory approval, including TSX Venture Exchange approval. The supplement was filed with securities commissions in every Canadian province except Quebec. Shares may also be sold outside Canada under available exemptions. The supplement and base shelf prospectus are accessible on SEDAR+.

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PesoRama (PSSOF) reported 2027 Q2 results with total sales up 59% to $9,689,960 for the three months ended July 31, 2026, the highest quarterly revenue in its history.

For the quarter, gross profit rose 46% to $3,267,183, while Adjusted EBITDA improved to a loss of $296,303 compared with a loss of $560,529 a year earlier. Six-month sales increased 48% to $17,200,210 and six‑month gross profit rose 37% to $5,725,034. Same store sales in local currency grew 4%, average traffic increased 37% and average ticket rose 2%, although product gross margin decreased by 1.7 percentage points to 44%.

The store base grew 50% year over year to 42 locations at July 31, 2026 and 46 as of this release. PesoRama closed an oversubscribed $10,048,501 non‑brokered private placement and a $21,000,000 convertible debenture financing, using the proceeds to fully repay its senior secured revolving facility, which is expected to reduce annualized cash interest expense by about $1.1 million.

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PesoRama (PSSOF) plans to open three new JOi Dollar Plus stores, #47, #48 and #49, in September 2026 in Mexico. Store #47 will be a 4,058 sq. ft. location in Parque Las Antenas in Iztapalapa, eastern Mexico City. Store #48 will be a 4,004 sq. ft. store in Parque Tezontle, another major eastern Mexico City mall. Store #49 will be a 4,811 sq. ft. store in Plaza Coacalco in the State of Mexico, bringing the network from 45 to 49 stores.

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PesoRama (TSXV: PESO, OTCQX: PSSOF), a Canadian company operating JOi Dollar Plus value dollar stores in Mexico, has qualified to trade on the OTCQX Best Market, upgrading from the Pink Limited Market. Shares begin trading on OTCQX under the symbol PSSOF, with U.S. investors gaining access to current financial disclosure and real-time Level 2 quotes via otcmarkets.com.

PesoRama operates 43 corporately owned stores across Mexico City and five surrounding states (with plans to reach 46), offering more than 20 merchandise categories for cost-conscious consumers. According to PesoRama, the OTCQX listing supports efforts to broaden its U.S. shareholder base while it continues store expansion and brand development.

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PesoRama (OTCQB: PSSOF, TSXV: PESO) announced the upcoming August 2026 openings of three JOi Dollar Plus stores in Mexico: Store #44 (3,767 sq. ft.) in Parque Vía Vallejo, Mexico City; Store #45 (4,435 sq. ft.) in Centro Tepozán, Los Reyes La Paz; and Store #46 (4,639 sq. ft.) in Cruz del Sur, Puebla City.

According to the company, these locations are positioned in high-density, high-traffic commercial corridors and shopping centers, and will increase the network from 42 to 46 stores, including four stores in the state of Puebla.

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PesoRama (TSXV:PESO, OTC:PSSOF) plans to open three new JOi Dollar Plus stores in Mexico in July 2026, bringing the network to 43 locations.

Store #41 in Cholula (7,104 sq. ft.), #42 in Grand Outlet Cuernavaca (3,660 sq. ft.), and #43 in Galerías San Juan del Río (6,351 sq. ft.) target high-traffic retail destinations.

PesoRama also engaged Atrium Research for 12 months of company-sponsored research and interviews, at $10,500 per quarter, subject to TSXV approval.

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PesoRama (OTC Pink:PSSOF, TSXV:PESO) received final TSX Venture Exchange approval to list its 9.0% senior unsecured convertible debentures (the “Debentures”).

Trading is expected to begin on or about July 3, 2026 under symbol PESO.DB. The Debentures mature on June 18, 2029, pay 9.0% annual interest semi-annually, and are convertible into common shares.

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PesoRama (PSSOF) reported strong Q1 Fiscal 2027 results for the quarter ended April 30, 2026. Total sales rose 36% to $7,510,250 and gross profit increased 21% to $2,527,806, with average traffic up 19%.

The company opened four new JOi Dollar Plus stores, reaching 35 locations by quarter-end, closed an oversubscribed $10.0 million private placement, and later completed a $21.0 million senior unsecured convertible debenture offering used to repay senior debt while adding more stores.

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FAQ

What is the current stock price of PesoRama New (PSSOF)?

PesoRama New (PSSOF) last closed at $0.4500.

What is the market cap of PesoRama New (PSSOF)?

The market cap of PesoRama New (PSSOF) is approximately $116.9M.