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").
MCI Onehealth, headquartered in Toronto, Ontario, is one of Canada's leading primary care networks with 25 technology enabled clinics.
BLG represented the Underwriters with a team led by Jason Saltzman that included Ben Keen, Jake Hogan and Adam Ragusa.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
