The Toronto Stock Exchange reports that North American Financial 15 Split Corp. will list up to an additional $175-million of preferred shares and $175-million of Class A shares on the TSX. As stated in the prospectus supplement dated Aug. 8, 2022, the company may sell preferred shares and Class A shares to the public pursuant to the at-the-market 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 Aug. 8, 2022, and ending no later than Sept. 9, 2024. As a result of the ATM procedures, prices may vary as between purchasers and during the period of distribution.
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