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PesoRama raises $28.4M to expand its dollar store chain in Mexico with new store openings.

Company Fundamentals
14 Oct 2026
Newsfile Corp
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Bullish
PesoRama raises $28.4M to expand its dollar store chain in Mexico with new store openings.

PesoRama Inc., a Canadian company operating the JOi DOLLAR PLUS dollar stores in Mexico, completed a bought deal offering, raising approximately $28.4 million by selling over 47 million common shares at $0.60 each. The funds will support the company's growth plans, including capital expenditures for new store openings and general corporate purposes. The shares are conditionally approved for listing on the TSX Venture Exchange. This capital raise positions PesoRama to expand its footprint toward its goal of over 500 locations across Mexico.

PesoRama Inc.'s recent $28.4 million bought deal public offering marks a significant capital raise for the company. For readers following the Consumer Cyclical sector, here is Pluang's market snapshot as of Oct 14, 2026 20:04 WIB: Out of 134 priced US stocks, 36 advanced while 93 declined. Notable movers include Wayfair Inc (W) at USD 105.60 with a -2.21% change and a typical hold time of 8 days, D R Horton Inc (DHI) at USD 132.51 with a -2.17% change and a typical hold time of 46 days, and Li Auto Inc (LI) at USD 11.51 with a -2.04% change, 95% sell order activity, and a typical hold time of 102 days.

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