Definity Financial/Economical Mutual to price $1.25B IPO between $19-22 per share with $2.13-2.36B valuation. Healthcare of Ontario Pension Plan (HOOPP) to acquire 19.9%, Swiss Re Investments Holding Company to invest US $200M concurrent to IPO.Continue Reading
Fonds de solidarité, Investissement Québec, Export Development Canada (EDC) backed Sharethrough Inc. withdrew proposed $75M (at $15-19 per share) IPO on TSXContinue Reading
Elliott Investment Management L.P., Fonds de solidarité FTQ, Investissement Québec, Qatar Investment Authority, OMERS Growth Equity backed and Louis Têtu, Laurent Simoneau led Coveo Solutions Inc. filed for IPOContinue Reading
Intercap Equity controlled E Automotive Inc. d/b/a E Inc. (EBlock and EDealer) priced upsized $135.7M IPO at $23 per share for valuation of up to $1.15B. Cat Rock Capital Management LP and Ophir Asset Management Pty Ltd. (non-binding) to buy $50M IPO shares.Continue Reading
NewView Capital and OMERS Ventures backed D2L downsized proposed IPO and secondary offering to $150M from $200M, priced at $17 per share (down from $19-21/share), with valuation of now up to $861M Continue Reading
Ten Coves backed Q4 final priced downsized $100M IPO at $12 a share. Q4 CEO Darrell Heaps to sell up to $1M (down from $5M) shares if over-allotment option is exercised. Ten Coves and other shareholders to support the IPO with $9.5M IPO shares purchase.Continue Reading
Fonds de solidarité, Investissement Québec, Export Development Canada backed Sharethrough to raise $75M to be priced at $15-19 a share and withdraws proposed secondary offering by management shareholders.Continue Reading
E Automotive Inc./E INC to price $125M IPO at $19-23 a share for valuation of up to $1.16B (@$21/share). Intercap Equity Inc. and McConkey Real Estate Holdings, LLC remain as the two largest shareholders controlling 26,176,760 and 6,529,250 shares respectively. Continue Reading
Intercap Equity Inc. backed E Automotive Inc. dba E Inc. filed for IPO on TSX with Intercap and McConkey Real Estate Holdings as the two largest (10%+) shareholders.Continue Reading
NewView Capital and OMERS Ventures backed D2L to raise up to $230M in IPO and secondary offering at $19-21 a share with valuation of up to $1.11B (at $20/share). Founder John Baker will own 27,390,588 Multiple Voting Shares (100%) worth $548M ($20/share)Continue Reading
MPI Capital and Raptor Group backed Propel Holdings Inc. priced $61M IPO at $326M valuation. Propel’s common shares are to commence trading on TSX on October 20, 2021. Continue Reading
NewView Capital and OMERS Ventures backed D2L filed for IPO and secondary offering Subordinate Voting Shares by the Desire2Learn Employee Stock Trust. Founder & CEO John Baker will own 100% of Multiple Voting Shares.Continue Reading
Ten Coves Capital backed Q4 amended proposed TSX $150M at new price of $14.0-17.5 (up from $10.5-$13.0) per share. Q4 CEO Darrell Heaps to sell $5M shares, part of over-allotment option exerciseContinue Reading
Export Development Canada, PenderFund, National Grid backed Copperleaf Technologies upsized IPO from $125M (at $11-13/share) to $140M (at $15/share), to commence trading on TSX on Oct 7, 2021.Continue Reading
Tembo Capital and Resource Capital Funds backed Arizona Sonoran Copper Company filed for IPO. RBC Dominion Securities and Haywood Securities act as co-lead underwriters while Bennett Jones LLP and McCarthy Tétrault LLP act as legal counselsContinue Reading
Fonds de solidarité, Investissement Québec, Export Development Canada backed Sharethrough filed for IPO and secondary offering by founders and management, Jean-François Côté, Patrice Marin, Sébastien Filion, Dominic Fortin, Benoit Skinazi, Daniel Greenberg, Robert Fan, Curt Larson and Louis-Charles GenestContinue Reading
Clive Kinross, Noah Buchman, Sheldon Saidakovsky, and Jonathan Goler founded, MPI Capital (Michael Stein) and Raptor Group backed Propel Holdings Inc. filed for $60M IPO on TSXContinue Reading
