The Burlington, Ont.-based company said it now aims to raise $175 million by going public on the Toronto Stock Exchange. It initially expected to bring in $200 million. (The Logic)
The Burlington, Ont.-based company said it now aims to raise $175 million by going public on the Toronto Stock Exchange. It initially expected to bring in $200 million. (The Logic)
The Burlington, Ont.-based company said it now aims to raise $175 million by going public on the Toronto Stock Exchange. It initially expected to bring in $200 million. (The Logic)
Talking point: Anaergia, which uses its technology to convert organic waste into renewable natural gas, clean water and fertilizer, will price shares at $14 each, down from its previously expected range of between $17 and $20 each. Canadian firms hoping to cash in on the public markets have had mixed results. VerticalScope, a Toronto-based digital-media company, debuted on the TSX earlier this week after upsizing its offering 25 per cent to $125 million. Saskatoon-based Vendasta, meanwhile, halted its go-public plans after reportedly struggling to garner enough interest and opted for a private fundraising round instead. Other firms trying their luck in the public markets include Q4, which aims to raise $150 million, and LifeSpeak, which is targeting $125 million.
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