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Glass Lewis Recommends AGAINST Magnet Forensics Takeover by Thoma Bravo, Siding with Nellore Capital
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Magnet Forensics boosts deal size after first Waterloo IPO in 15 years meets strong investor demand: sources
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Magnet Forensics Inc., a cybersecurity company based in Waterloo, Ont., and staffed with a slew of former BlackBerry Ltd. executives, has formally filed to go public in a $90-million offering that could be the first new issue from the tech-heavy region in 15 years.
The offering comes amid a period of volatility for the IPO market and will test the continued appetite among investors for new Canadian tech issues after several recent offerings had their size and share prices cut, including space company MDA. Another technology company, Vancouver online course platform provider Thinkific, filed to raise $160-million earlier this week.
KITCHENER An anonymous family donated $500,000 to a fundraising campaign for the Cambridge Memorial Hospital, helping the hospital foundation achieve its goal of $10 million. In a news release, the Cambridge Memorial Hospital Foundation (CMHF) said the campaign formally closed on Wednesday. Officials commended its donors and supporters for helping to reach that milestone during an unusual year. Our community rallied to respond to the call with their generosity, said CMHF Board Chair Kate Cressman in the release. Our new wing is everything we need it to be - a beautiful spacious facility with modern amenities for patients and families. According to the release, community donations are responsible for funding all of the equipment at Cambridge Memorial Hospital. For this campaign, called WeCareCMH, donors helped buy equipment for the hospital s new Wing A, including monitors and ICU equipment.