VerticalScope Holdings debuts on Toronto Stock Exchange at $

VerticalScope Holdings debuts on Toronto Stock Exchange at $22 per share | iNFOnews


VerticalScope Holdings debuts on Toronto Stock Exchange at $22 per share
A street sign along Bay Street in Toronto's financial district during the COVID-19 pandemic in Toronto on Tuesday, January 12, 2021. VerticalScope Holdings Inc. says it has priced its subordinate-voting shares at $22 per share in its initial public offering. THE CANADIAN PRESS/Nathan Denette
June 15, 2021 - 3:31 PM
TORONTO - VerticalScope Holdings Inc. began trading on the Toronto Stock Exchange Tuesday after pricing its subordinate-voting shares at $22 per share.
The technology company says it planned an issue of 5,685,000 subordinate voting shares, for gross proceeds of $125 million.
It has also granted its underwriters an over-allotment option for up to an additional 852,750 shares which, if fully exercised, would increase the offering to $143.8 million.

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