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Anaergia Inc. Completes Initial Public Offering Raising Gross Proceeds Of $175 Million
Anaergia Inc. Completes Initial Public Offering Raising Gross Proceeds Of $175 Million ...
About this update from Anaergia, Inc.
[{"type":"text","content":"\n \n \n \n Anaergia Inc. Completes Initial Public Offering Raising Gross Proceeds Of $175 Million\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN\n \n THE UNITED STATES\n \n ./\n \n \n \n \n BURLINGTON, ON\n \n ,\n \n June 23, 2021\n \n /CNW/ - Anaergia Inc. (\"\n \n Anaergia\n \n \" or the \"\n \n Company\n \n \") (TSX: ANRG), an integrated waste-to-value platform created to eliminate greenhouse gases by cost-effectively turning organic waste into renewable natural gas, fertilizer and water, announced today the successful closing of its previously-announced initial public offering (the \"\n \n Offering\n \n \") of 12,500,000 subordinate voting shares of Anaergia (\"\n \n Subordinate Voting Shares\n \n \") at a price of\n \n C$14.00\n \n per Subordinate Voting Share for gross proceeds of C$175 million.\n \n \n The Subordinate Voting Shares began trading on the Toronto Stock Exchange (the \"\n \n TSX\n \n \") on\n \n June 18, 2021\n \n under the symbol \"ANRG\".\n \n \n The Offering was made through a syndicate of underwriters co-led by TD Securities Inc. and Barclays Capital Canada Inc., acting as joint bookrunners, and including CIBC Capital Markets, Scotiabank, National Bank Financial Inc., Raymond James Ltd., Roth Canada, ULC and Canaccord Genuity Corp. (collectively, the \"\n \n Underwriters\n \n \"). The Underwriters have been granted an over-allotment option (the \"\n \n Over-Allotment Option\n \n \") to purchase up to an additional 1,875,000 Subordinate Voting Shares at a price of\n \n C$14.00\n \n per share for additional gross proceeds of up to\n \n C$26\n \n .25 million. The Over-Allotment Option can be exercised for a period of 30 days from the closing date of the Offering.\n \n \n Torys LLP acted as legal counsel to Anaergia and Goodmans LLP acted as legal counsel to the Underwriters.\n \n \n The Offering was completed pursuant to the Company's supplemented PREP prospectus dated\n \n June 18, 2021\n...