Quarterhill prices bought-deal private placement at $2.48 per share for $35 million gross proceeds
Reuters2026/08/26 21:08- Quarterhill launched a bought-deal private placement of 14,113,000 common shares at $2.48 per share for gross proceeds of $35 million.
- Underwriters hold a 15% option to buy additional shares, lifting total gross proceeds to about $40.25 million if fully exercised.
- Net proceeds earmarked for general corporate purposes, working capital, growth initiatives, future acquisitions.
- Closing expected around Sept. 16, 2026, subject to regulatory clearances including conditional TSX approval.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Most panda coin types from the 2026 edition steadily rebounded in August
Competition in US oral weight-loss drugs intensifies! Eli Lilly (LLY.US) Foundayo captures 30% of new patients, narrowing Novo Nordisk's (NVO.US) first-mover advantage
Eli Lilly stated on Monday that its oral weight-loss drug, Foundayo, has captured over 30% of the market share among new patients in the US oral obesity treatment market, narrowing the early lead achieved by Danish competitor Novo Nordisk with its Wegovy oral tablets.
2-Yr Benchmark Govt Yields - Germany vs Other Nations
2-Yr Benchmark Govt Yields - U.S. vs Other Nations
Crypto prices
More
