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AnalytixInsight Announces Overnight Marketed Equity Offering
AnalytixInsight Announces Overnight Marketed Equity Offering Canada NewsWire ...
About this update from Analytixinsight, Inc. (canada)
[{"type":"text","content":"\n \n \n \n AnalytixInsight Announces Overnight Marketed Equity Offering\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 \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 TORONTO\n \n ,\n \n June 9, 2021\n \n /CNW/ - AnalytixInsight Inc. (\"\n \n AnalytixInsight\n \n \" or the \"\n \n Company\n \n \") (TSXV: ALY), announced today that it has filed a preliminary short form prospectus with the securities regulatory authorities in each of the provinces of\n \n Canada\n \n (other than\n \n Quebec\n \n ) in connection with an overnight marketed offering (the \"\n \n Offering\n \n \") of units of the Company (the \"\n \n Units\n \n \") through a syndicate of underwriters co-led by Canaccord Genuity Corp. and Cantor Fitzgerald Canada Corporation, acting as the co-lead underwriters and joint bookrunners, and including Roth Canada, ULC (collectively, the \"\n \n Underwriters\n \n \"). Each Unit will consist of one common share of the Company (a \"\n \n Common Share\n \n \") and one half of one Common Share purchase warrant (each whole warrant, a \"\n \n Warrant\n \n \"). Each Warrant will entitle its holder to purchase one Common Share for a period of 36 months following closing of the Offering, subject to acceleration in certain circumstances.\n \n \n The number of Units to be distributed under the Offering, the issue price per Unit (the \"\n \n Issue Price\n \n \"), the exercise price of the Warrants and other final terms of the Offering will be determined by AnalytixInsight and the Underwriters upon the pricing of the Offering, at the time of entering into an underwriting agreement for the Offering. AnalytixInsight will update the market and issue a press release announcing the number of Units to be distributed under the Offering as well as the Issue Price once such terms have been determined.\n \n \n It is expected that the Underwriters will be granted an option, exercisable at any time up to 30 days following the closing of the Offering, to purchase at the Issue ...