Dentalcorp sells 10,530,000 subordinate voting shares at $9.50 per share, raising $100 million.

From GlobeNewswire: 2024-11-18 17:10:42

Dentalcorp Holdings Ltd. announced an agreement with underwriters for the sale of 10,530,000 subordinate voting shares at $9.50 per share, with gross proceeds of approximately $100 million. The offering includes a treasury offering and secondary offering, with an over-allotment option to purchase additional shares for up to $15 million. The net proceeds from the treasury offering will be used to reduce leverage. The offering is expected to close on December 2, 2024, subject to regulatory approvals. The shares will be offered in Canada and the U.S. through a short form prospectus and private placement to qualified institutional buyers.



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