representative work

Cassels Represents the Underwriters in VitalHub’s $17.5 Million Bought Deal Public Offering

04/21/2022

On April 21, 2022, VitalHub Corp. closed a bought deal public offering of 5,645,200 common shares at a price of $3.10 per common share for total gross proceeds of approximately $17.5 million.

The net proceeds of the offering will be used for growth initiatives and mergers and acquisitions. VitalHub’s growth initiative is focused on the acquisition of third-party enterprises in the health care industry which provide synergistic opportunities for the company.

The offering was co-led by Cormark Securities Inc. and Eight Capital, and on behalf of a syndicate of underwriters including  Beacon Securities Limited, Canaccord Genuity Corp. and Roth Canada, Inc.

Cassels acted for the underwriters.

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