The Toronto-based company, which offers a cloud-based investor-relations platform, plans to price shares between $10.50 and $13 each when it goes public on the Toronto Stock Exchange. (The Logic)
The Toronto-based company, which offers a cloud-based investor-relations platform, plans to price shares between $10.50 and $13 each when it goes public on the Toronto Stock Exchange. (The Logic)
The Toronto-based company, which offers a cloud-based investor-relations platform, plans to price shares between $10.50 and $13 each when it goes public on the Toronto Stock Exchange. (The Logic)
Talking point: The offering could give the company a market capitalization of nearly $700 million. If the over-allotment option is exercised, the company would raise $172.5 million with a nearly $712-million market capitalization. Q4 filed to go public under the symbol QFOR in late May. It plans to use the funds to pursue acquisitions, grow its customer base and repay about US$20.8 million in debt. Q4 is among several Canadian tech firms that have filed for an IPO in recent weeks. Burlington, Ont.-based biofuels firm Anaergia filed for a $200-million raise earlier this week, Toronto digital-media company VerticalScope is looking to raise $100 million and LMPG (formerly known as Lumenpulse) turned to the public markets with a $300-million raise. Meanwhile, information-technology firm Softchoice returned to public markets at what CEO Vince De Palma called “a great time.”
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