Thinkific Announces Filing of Shelf Prospectus

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[{"type":"text","content":"\n \n \n \n Thinkific Announces Filing of Shelf Prospectus\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 VANCOUVER, BC\n \n ,\n \n Oct. 13, 2021\n \n /CNW/ - Thinkific Labs Inc. (\"Thinkific\" or the \"Company\") (TSX: THNC), a leading platform for creating, marketing, and selling online courses\n \n and other learning products,\n \n has filed a preliminary and final short form base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of\n \n Canada\n \n .\n \n \n \n \n \n \n \n \n \n The shelf prospectus will, subject to securities regulatory requirements, provide for the potential offering in\n \n Canada\n \n of up to an aggregate of\n \n C$300 million\n \n of Thinkific's subordinate voting shares, preferred shares, debt securities, warrants, subscription receipts and units from time to time over a 25-month period after applicable Canadian securities regulatory authorities have issued a receipt for the final short form base shelf prospectus.\n \n \n The shelf prospectus is intended to give Thinkific the flexibility to take advantage of financing opportunities at its discretion and when market conditions are favourable. The terms of such future offerings, if any, will be established at the time of such offerings. At the time any of the securities covered by the shelf prospectus are offered for sale, a prospectus supplement containing specific information about the terms of any such offering will be filed with applicable Canadian securities regulatory authorities.\n \n \n \n About Thinkific\n \n \n Thinkific (TSX:THNC) makes it simple for entrepreneurs and established businesses of any size to scale and generate revenue by teaching what they know. Our platform gives businesses everything they need to build, market, and sell online courses and other learning products, and to run their business seamlessly under their own brand, on their own site. In 2020 alone, Thinkific's 50,000 active course creators earned hundreds of millions of dollars in direct course sales while teaching t...

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