On March 28, 2024 Vior Inc. announced the completion of its “best efforts” private placement offering of: (i) 30,000,000 units of the Corporation (the “Hard Units”) at an issue price of $0.125 per Hard Unit; (ii) 19,840,000 subscription receipts (the “Subscription Receipts”) at an issue price of $0.125 per Subscription Receipt; and (iii) 58,800,000 flow-through units of the Corporation (the “FT Units”) at an issue price of $0.2225 per FT Unit, for aggregate gross proceeds of $19,313,000. (the “Offering”).
The Offering was led by Eight Capital, as lead agent and sole bookrunner, together with PI Financial Corp., Canaccord Genuity Corp., Red Cloud Securities Inc., Cormark Securities Inc. and Leede Jones Gable Inc. (collectively, the “Underwriters”).
Miller Thomson advised the Underwriters with a team comprised of Mack Hosseinian, Brandon Meyer, Connor Broude, (Capital Markets & Securities) Lesley Kim, Nathalie Marchand (Tax) and Raquel Moses (Articling Student).
