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MCI Onehealth Technologies Inc. Completes Initial Public Offering of C$30,000,000
MCI Onehealth Technologies Inc. Completes Initial Public Offering of C$30,000,000 ...
About this update from Healwell Ai Inc. Class A
[{"type":"text","content":"\n \n \n \n MCI Onehealth Technologies Inc. Completes Initial Public Offering of C$30,000,000\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 Jan. 6, 2021\n \n /CNW/ - MCI Onehealth Technologies Inc. (\"MCI Onehealth\") (TSX: DRDR) announced today the successful closing of its initial public offering (the \"Offering\") of an aggregate of 6,000,000 Class A Subordinate Voting Shares (the \"Offered Shares\") of MCI Onehealth at a price of\n \n $5.00\n \n per Offered Share (the \"Offering Price\") for aggregate gross proceeds of\n \n $30,000,000\n \n .\n \n \n The Offered Shares will commence trading today on the Toronto Stock Exchange under the symbol \"DRDR\".\n \n \n The Offering was made through a syndicate of underwriters led by Canaccord Genuity Corp., as lead underwriter and sole bookrunner, and including Echelon Wealth Partners Inc., Stifel Nicolaus Canada Inc., TD Securities Inc., Eight Capital, Haywood Securities Inc. and Clarus Securities Inc. (collectively, the \"Underwriters\").\n \n \n MCI Onehealth was represented by Fasken Martineau DuMoulin LLP and the Underwriters were represented by Borden Ladner Gervais LLP.\n \n \n MCI Onehealth has granted the Underwriters an over-allotment option (the \"Over-Allotment Option\"), exercisable in whole or in part for a period of 30 days following the closing of the Offering, to purchase up to an additional 900,000 Offered Shares at the Offering Price for additional gross proceeds of approximately\n \n $4,500,000\n \n to MCI Onehealth, if the Over-Allotment Option is exercised in full.\n \n \n No securities regulatory authority has either approved or disapproved the contents of this press release. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale or any acceptance of an offer to buy these securities in any jurisdiction in which such offer, solicitation or sale would be unlaw...