The Toronto-based software firm priced its shares at $12 each, according to a person familiar with the matter and as first reported by The Globe and Mail. (The Logic, The Globe and Mail)
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The Toronto-based software firm priced its shares at $12 each, according to a person familiar with the matter and as first reported by The Globe and Mail. (The Logic, The Globe and Mail)
Talking point: The company initially filed to go public in May, anticipating a $150-million offering with shares priced between $10.50 and $13 each. It paused those plans, reportedly due to a contract negotiation issue, and refiled in October. This time, Q4 looked to price shares between $14 and $17.50. Q4’s downsized IPO comes as several Canadian tech firms look to go public. E Automotive filed earlier this week, looking to raise $125 million. It follows Sharethrough, which announced Thursday it will price shares between $15 and $19, aiming to raise about $75 million; and D2L and Copperleaf, the latter of which started trading earlier this month.
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