On March 4, 2021, good natured Products Inc. closed a bought deal short form prospectus offering of 19,262,500 common shares at a price of $1.20 per common share for gross proceeds of approximately $23.1 million, including the full exercise of the underwriters’ overallotment option.
The offering was conducted by Beacon Securities Limited and Canaccord Genuity Corp. as co-lead underwriters and co-bookrunners on behalf of a syndicate including Integral Wealth Securities Limited, Raymond James Ltd. and Paradigm Capital Inc.
Cassels acted for the underwriters.