The Vancouver-based decision-analytics software company will price shares between $11 and $13 each, according to a new filing. (The Logic)
The Vancouver-based decision-analytics software company will price shares between $11 and $13 each, according to a new filing. (The Logic)
The Vancouver-based decision-analytics software company will price shares between $11 and $13 each, according to a new filing. (The Logic)
Talking point: At the $12 midway point, the offering would give the company a market capitalization of roughly $817 million, with no over-allotment option exercised. A source told The Globe and Mail last week that Copperleaf wanted to raise $150 million and surpass a $1-billion market cap. Copperleaf plans to use the proceeds to acquire new clients, expand its offerings within its existing clientbase and continue working on its technology, among other plans. It also said the “principal purposes” of the offering include increasing its marketplace visibility. Copperleaf’s filing breaks a quiet end to the summer for Canadian tech companies on the public markets.
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