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Hootsuite Exploring a $200-Million IPO on the TSX, Source Says
Thursday, October 28, 2021
Vancouver, BC, October 28, 2021--Hootsuite Inc., one of the first companies to spark Canada's technology renaissance in the wake of the 2008-09 credit crisis, is exploring a potential $200-million IPO on the Toronto Stock Exchange in the coming months, according to a source. The Vancouver company, a pioneer in the social-media-management software business, has engaged investment banks TD Securities and JP Morgan as advisers, and has been meeting with prospective public markets investors to gauge their interest in a process known as "testing the waters," a source familiar with matter said.
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Globe and Mail Posted: Oct 28, 2021 |
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