The Toronto Stock Exchange reports that Theratechnologies Inc. will list additional shares at the open on Jan. 19, 2021. As stated in its prospectus supplement dated Jan. 13, 2021, the company will issue 14,546,000 units at $2.75 (U.S.) per unit in a public offering, with each unit consisting of one share and one-half warrant.
According to the TSX, the units will separate upon the closing of the offering. Each whole warrant will entitle the holder to acquire one share of the company at $3.18 (U.S.) for 36 months following the closing of the offering. The warrants will not be listed and posted for trading on the TSX.
© 2021 Canjex Publishing Ltd. All rights reserved.