The Toronto Stock Exchange reports that D-Box Technologies Inc. will list additional shares at the open on March 4, 2021. As stated in its short form prospectus dated Feb. 25, 2021, the company will issue up to 44,275,000 units at 13 cents per unit in an offering. Each unit will consist of one Class A common share and one Class A common share purchase warrant, with each warrant being exercisable at 16 cents per share until 5 p.m. Eastern Time on the date that is 24 months after the closing of the offering.
According to the TSX, the units will separate immediately upon the closing of the offering. The TSX has issued a separate bulletin regarding the listing of the warrants underlying the units.
© 2021 Canjex Publishing Ltd. All rights reserved.