Business
VitalHub Announces Filing of Prospectus Supplement
The Base Shelf Prospectus and the Prospectus Supplement will be accessible through SEDAR+ Toront...
About this update from Vitalhub Corp.
[{"type":"text","content":"VitalHub Announces Filing of Prospectus SupplementThe Base Shelf Prospectus and the Prospectus Supplement will be accessible through SEDAR+Toronto, Ontario--(Newsfile Corp. - August 15, 2025) - VitalHub Corp. (TSX: VHI) (OTCQX: VHIBF) (the \"Company\" or \"VitalHub\") is pleased to announce that, in connection with its previously announced \"bought deal\" public offering, it has filed a prospectus supplement dated August 15, 2025 (the \"Prospectus Supplement\") to the Company's base shelf prospectus dated July 23, 2025 (the \"Base Shelf Prospectus\") with the securities commissions in each of the provinces of Alberta, British Columbia and Ontario, to qualify the distribution of 5,118,111 common shares from the treasury of the Company (the \"Common Shares\") at a price of $12.70 per Common Share (the \"Offering Price\") for aggregate gross proceeds of approximately $65 million, and up to an additional 767,717 Common Shares which may be issued upon exercise of an over-allotment option, for additional gross proceeds, if exercised, of approximately $9,750,000, the particulars of which are further described in the Prospectus Supplement (the \"Offering\"). Cormark Securities Inc. and National Bank Financial Inc. are acting as co-lead underwriters, on behalf of a syndicate of underwriters in connection with the Offering.The Offering is expected to close on or about August 20, 2025, and is subject to regulatory approval, including that of the Toronto Stock Exchange (the \"TSX\").The Common Shares will be sold in Canada pursuant to the Prospectus Supplement. The Common Shares may also be sold in the United States on a private placement basis pursuant to available exemptions from the registration requirements of the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") and applicable U.S. state securities laws, and other jurisdictions outside of Canada and the United States pursuant to available prospectus or registration exemptions in accordance with applicable laws provided that no prospectus, registration statement or similar document is required to be filed in such jurisdiction.Prospectus is Accessible through SEDAR+Access to the Base Shelf Prospectus and the Prospectus Supplement and any amendment thereto is provided, and delivery thereof will be satisfied, in accordance with the \"access equals delivery\" pr...