Today's News |
Vancouver-based Copperleaf Technologies Plans to Raise $125 Million in IPO on TSX, sets $11 to $13 Price Range
Monday, September 27, 2021Company Profile | Follow Company
Vancouver, BC, September 27, 2021--(T-Net)--Vancouver-based Copperleaf Technologies is seeking to raise $125 million for its pending initial public offering (IPO) on the Toronto Stock Exchange and has set a price range of $11 to $13 a share for the offering, according to a securities filing by the company.
Copperleaf provides enterprise decision analytics software solutions to companies managing critical infrastructure.
The pending IPO offering is being co-led by underwriters Merrill Lynch, Bank of Montreal and William Blair & Co., with several other investment banks participating.
More details will be released on this pending IPO when they become available.
About Copperleaf Technologies
Copperleaf provides enterprise decision analytics software solutions to companies managing critical infrastructure. We leverage operational and financial data to empower our clients to make investment decisions that deliver the highest business value.
What sets us apart is our commitment to providing extraordinary experiences, shaped by people who care deeply, products that deliver exceptional value, and partnerships that stand the test of time.
Copperleaf is a patron of The Institute of Asset Management and actively participates in shaping the future of asset management standards, including ISO 55000. Headquartered in Vancouver, Canada, our solutions are distributed and supported by regional staff and partners worldwide. Together, we are transforming how the world sees value.
For more details, visit https://www.copperleaf.com/
The Preliminary Prospectus contains important information relating to these securities and has been filed with securities commissions or similar authorities in each of the provinces and territories of Canada. Copies of the Preliminary Prospectus may be obtained from any of the Underwriters listed above. There will not be any sale or any acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued.
The Preliminary Prospectus has not yet become final for purposes of a distribution of securities to the public. No securities regulatory authority has either approved or disapproved the contents of this news release. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale or any acceptance of an offer to buy these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the time of receipt for the final long-form prospectus or other authorization is obtained from the securities regulatory authority in such province or territory. Copies of the Preliminary Prospectus are available under the Company's profile on SEDAR at www.sedar.com.
The securities have not been and will not be registered under the United States Securities Act of 1933 (the "U.S. Securities Act"), as amended, or any state securities laws, and may not be offered, sold or delivered, directly or indirectly, in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the U.S. Securities Act). Accordingly, the securities may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to exemptions from the registrations requirements of the U.S. Securities Act and applicable state securities laws.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of applicable securities legislation, which reflect management's current expectations regarding future events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to, failure to complete the Offering and the failure to receive customary approvals, and the factors discussed under "Risk Factors" in the preliminary base PREP prospectus of the Company dated September 15, 2021. Copperleaf disclaims any obligation to update these forward-looking statements.
Other Recent Company News |
|||||||||||||||||||
|