Business
Wishpond Announces Filing of Preliminary Short-Form Prospectus for Previously Announced Bought Deal Offering
Wishpond Announces Filing of Preliminary Short-Form Prospectus for Previously Announced B...
About this update from Wishpond Technologies Ltd.
[{"type":"text","content":"\n \n \n \n Wishpond Announces Filing of Preliminary Short-Form Prospectus for Previously Announced Bought Deal Offering\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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES./\n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Jan. 20, 2021\n \n /CNW/ - Wishpond Technologies Ltd. (TSXV: WISH) (\"\n \n Wishpond\n \n \" or the \"\n \n Company\n \n \"), a provider of marketing-focused online business solutions, is pleased to announce that, further to its press release dated\n \n January 14, 2021\n \n , it has filed a preliminary short form prospectus with the securities commissions in each of the provinces of\n \n Canada\n \n , other than Québec, in connection with its previously announced bought deal offering of 4,000,000 common shares of the Company at a price of\n \n $1.75\n \n per share for aggregate gross proceeds of\n \n $7,000,000\n \n through a syndicate of underwriters led by Beacon Securities Limited and including PI Financial Corp., Desjardins Securities Inc., Haywood Securities Inc. and Paradigm Capital Inc. Closing of the offering is expected to occur on or about\n \n February 9, 2021\n \n , and is subject to certain conditions including, but not limited to, receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities.\n \n \n \n \n \n \n \n \n \n The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"\n \n U.S. Securities Act\n \n \") or any state securities laws and may not be offered or sold within\n \n the United States\n \n (as such term is defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securi...