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ARTICLE · 18 JANUARY 2021

MCI Onehealth Technologies Inc. Completes $30 Million Initial Public Offering

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On January 6, 2021, MCI Onehealth Technologies Inc. (MCI Onehealth) (TSX: DRDR) completed its initial public offering (the Offering) of an aggregate of 6,000,000 Class ...

CanadaTechnology
Jason Saltzman
Jason Saltzman
Ben Keen
Ben Keen
Jake Hogan
Jake Hogan
Adam Ragusa
Adam Ragusa
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Date closed: 1/6/2021
Value: $30 million

On January 6, 2021, MCI Onehealth Technologies Inc. (MCI Onehealth) (TSX: DRDR) completed its initial public offering (the Offering) of an aggregate of 6,000,000 Class A Subordinate Voting Shares (the "Offered Shares at a price of $5.00 per Offered Share for aggregate gross proceeds of $30,000,000.

The Offered Shares commenced trading on the Toronto Stock Exchange on closing.

The Offering was made through a syndicate of underwriters led by Canaccord Genuity Corp., as lead underwriter and sole bookrunner, and including Echelon Wealth Partners Inc., Stifel Nicolaus Canada Inc., TD Securities Inc., Eight Capital, Haywood Securities Inc. and Clarus Securities Inc. (collectively, the "Underwriters").

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