Business
Input Capital Corp. Announces the Full Exercise of Over-Allotment Option and the Private Placement Option Issued in Connection with its Recent Financings
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES...
About this update from Ssc Security Services Corp.
[{"type":"text","content":"\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY\n CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./\n\n\nREGINA, Oct. 25, 2013 /CNW/ - Input Capital Corp. (\"Input\") (TSX Venture Exchange: INP) is pleased to announce today the closing\n of the over-allotment option (the \"Over-Allotment Option\") granted in connection with its previously announced bought deal\n public offering (the \"Public Offering\") of Class A common voting shares of Input (\"Common Shares\").  Pursuant to the Public Offering, a syndicate of underwriters led by\n GMP Securities L.P. and including Beacon Securities Limited, National\n Bank Financial Inc., Acumen Capital Financial Partners Limited,\n AltaCorp Capital Inc. and Cormark Securities Inc. (the \"Underwriters\") have exercised in full their Over-Allotment Option to purchase an\n additional 1,746,608 Common Shares at a price of $1.60 per Common Share\n for additional gross proceeds to Input of $2,794,572.80.\n\n\nInput is also pleased to announce today the closing of the option (the \"Private Placement Option\") granted in connection with its recently completed private placement\n (the \"Private Placement\") of Common Shares with two wholly-owned subsidiaries of Catlin Group\n Limited (the \"Strategic Investors\"). The Strategic Investors have exercised in full its Private Placement\n Option to purchase an additional 436,441 Common Shares at a price of\n $1.60 per Common Share in order to maintain ownership of approximately\n 19.99% of the issued and outstanding Common Shares. Input received\n additional gross proceeds of $698,305.60 from the exercise of the Private Placement Option.  The Underwriters\n acted as advisors to Input in connection with the exercise of the\n Private Placement Option.\n\n\nThe aggregate gross proceeds of the Public Offering and the Private\n Placement, including the exercises of the Over-Allotment Option and the\n Private Placement Option, are $41,002,779.20.\n\n\nThis press release does not constitute an offer to sell or the\n solicitation of an offer to buy any securities in any jurisdiction.\n\n\nANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE U.S.\n SECURITIES ACT OF 1933 (THE \"1933 ACT\") AND MAY NOT BE OFFERED OR SOLD\n IN THE UNITED STATES OR...