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Kayle Neis/The Globe and Mail
Investor demand for Canadian technology IPOs is waning, making it tough for Vendasta Technologies Inc. to sell its $100-million initial public offering.
Saskatoon-based Vendasta, which sells digital tools to companies that serve small businesses, was scheduled to price its IPO last week and start trading this week, but neither has happened and the deal is now in limbo, according to three people familiar with the transaction.