The Toronto Stock Exchange reports that North American Financial 15 Split Corp. will list additional shares on the TSX. As stated in its prospectus supplement dated Sept. 30, 2021, the company will issue up to $175-million of preferred shares and up to $175-million of Class A 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 on Sept. 30, 2021, and ending no later than Aug. 6, 2022. As a result of the ATM procedures, prices may vary as between purchasers and during the period of distribution.
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