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Decisive Dividend Corporation Announces Closing of Previously Announced Upsized Bought Deal Equity Financing
Decisive Dividend Corporation Announces Closing of Previously Announced Upsized Bought Deal Equit...
About this update from Decisive Dividend Corp.
[{"type":"text","content":"\n \n \n \n Decisive Dividend Corporation Announces Closing of Previously Announced Upsized Bought Deal Equity Financing\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 \n /NOT FOR DISTRIBUTION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n \n \n KELOWNA, BC\n \n \n ,\n \n \n April 13, 2023\n \n \n /CNW/ - Decisive Dividend Corporation (TSXV: DE) (the \"\n \n Corporation\n \n \" or \"\n \n Decisive\n \n \") announced today the closing of its previously announced upsized bought deal equity financing (the \"\n \n Financing\n \n \") of units (\"\n \n Units\n \n \") of Decisive, including the full exercise of the over-allotment option for aggregate gross proceeds of\n \n $11,610,124\n \n .\n \n \n \n \n \n \n \n \n \n Eight Capital and Cormark Securities Inc., acting as co-lead underwriters, with a syndicate of underwriters including Canaccord Genuity Corp, Echelon Wealth Partners Inc., Raymond James Ltd. and Stifel Nicolaus Canada Inc. (collectively, the \"\n \n Underwriters\n \n \").\n \n \n The Financing was completed by way of a prospectus supplement to the short form base shelf prospectus of the Corporation dated\n \n November 30, 2022\n \n . The prospectus supplement and base shelf prospectus are available on the Corporation's SEDAR profile at\n \n www.sedar.com\n \n .\n \n \n Decisive sold an aggregate of 1,964,488 Units at a price of\n \n $5.91\n \n per Unit, for aggregate gross proceeds of\n \n $11,610,124\n \n , inclusive of 256,238 Units issued pursuant to the exercise in full of the over-allotment option granted to the Underwriters. The Underwriters received a cash commission equal to 6.50% of the gross proceeds of the Financing, except for purchasers identified on the president's list for which the cash commission was 3.25%.\n \n \n Each Unit is comprised of one common share of Decisive and one-half of one common share purchase warrant.  Each whole common share purchase warrant entitles the holder thereof to purchase one common share of Decisive, at an exercise price of\n \n $7.09...