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home / news releases / DOCRF - CloudMD announces $25M bought deal offering


DOCRF - CloudMD announces $25M bought deal offering

CloudMD Software & Services (DOCRF) enters into an agreement with Canaccord Genuity and Beacon Securities Limited on behalf of a syndicate of underwriters.The Underwriters have agreed to purchase, on a bought deal basis ~10.42M common shares at a price of $2.40 per share for gross proceeds of ~$25M.Underwriter's option to purchase up to additional ~1.56M shares.Company intends to use the proceeds for strategic M&A activities and general corporate purposes.

For further details see:

CloudMD announces $25M bought deal offering
Stock Information

Company Name: CloudMD Software & Services Inc
Stock Symbol: DOCRF
Market: OTC
Website: investors.cloudmd.ca

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