The Toronto Stock Exchange reports that Dividend 15 Split Corp. will list additional shares. As stated in its prospectus supplement dated March 28, 2024, to the short form base shelf prospectus dated Aug. 8, 2024, the company is issuing up to $200-million of Class A shares and up to $200-million of preferred shares to the public pursuant to the at-the-market (ATM) distribution procedures as defined by National Instrument 44-102, Shelf Distributions.
According to the TSX, the ATM sales will be made
directly on the TSX or any other
existing trading markets in Canada, during the period
commencing March 28, 2024, and ending on the earlier
of: (i) Sept. 9, 2024; (ii) the issuance and sale of all
of the shares subject to the equity distribution agreement
dated March 28, 2024; and (iii) the termination of the distribution agreement. As
a result of the ATM procedures, prices may vary as
between purchasers and during the period of distribution.
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