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Docebo Launches Bought Deal Offering of Common Shares
Docebo Launches Bought Deal Offering of Common Shares Canada NewsWire TORONTO, A...
About this update from Docebo, Inc.
[{"type":"text","content":"\n\n\n\nDocebo Launches Bought Deal Offering of Common Shares\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\nCanada NewsWire\nTORONTO, Aug. 11, 2020\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./\n TORONTO, Aug. 11, 2020 /CNW/ - Docebo Inc. (\"Docebo\" or the \"Company\") (TSX: DCBO) today announced that it and certain of its shareholders, namely Claudio Erba (\"Claudio\"), Gresilent Holding Srl, an entity which Claudio controls or directs, (\"Gresilent\" and together with Claudio, \"Erba\"), Intercap Equity Inc. (\"Intercap Equity\"), Intercap Financial Inc. (\"Intercap Financial\" and together with Intercap Equity, \"Intercap\") and Alessio Artuffo (\"Artuffo\" and together with Erba and Intercap, the \"Selling Shareholders\") have entered into an agreement with an underwriting syndicate led by Canaccord Genuity Corp., TD Securities Inc., Morgan Stanley and Goldman Sachs Canada Inc. (collectively, the \"Underwriters\") to complete a new issue and secondary offering (the \"Offering\"), on a bought deal basis, of an aggregate of 1,500,000 common shares at a purchase price of C$50.00 per common share for aggregate gross proceeds of C$75 million to the Company and the Selling Shareholders. \nUnder the agreement, 500,000 common shares will be issued from treasury and offered by Docebo for aggregate gross proceeds of C$25 million and an aggregate of 1,000,000 common shares will be offered by the Selling Shareholders for aggregate gross proceeds of C$50 million. 800,126 common shares will be offered by Intercap, 109,874 common shares will be offered by Erba and 90,000 common shares will be offered by Artuffo.\nThe Company and Intercap have also granted the Underwriters an over-allotment option, exercisable for a period of 30 days from the date of the closing of the Offering, to purchase up to an additional 15% of the aggregate common shares to be sold pursuant to the Offering. The over-allotment option is comprised of 225,000 common shares from Intercap. The over-allo...