The Toronto Stock Exchange reports that ABC Technologies Holdings Inc. will issue one right per share held on Jan. 19, 2022, with one right and $5.83 entitling the holder to acquire one share of the company. According to the TSX, the shares will trade ex rights at the open on Jan. 18, 2022. At the same time, the rights will begin trading under the symbol ABCT.RT and Cusip No. 00076T 11 3.
The TSX reports that trades in the rights on Feb. 10, 2022, will settle on Feb. 11, 2022, trades on Feb. 11, 2022, will settle on Feb. 14, 2022, and trades from the open to 12 p.m. Toronto time on Feb. 14, 2022, will settle on the same day. Trading in the rights will end at 12 p.m. Toronto time on Feb. 14, 2022. The rights will expire at 4:30 p.m. Toronto time and will be delisted at the close on Feb. 14, 2022.
For more information, see the company's rights offering circular dated Jan. 12, 2022, available on SEDAR.
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