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home / news releases / CTSDF - Converge Technology Solutions buybacks $100M shares


CTSDF - Converge Technology Solutions buybacks $100M shares

Converge Technology Solutions (CTSDF) enter agreement with underwriters Canaccord Genuity and Scotiabank to purchase 13.3M shares at a price of $7.50 per share; gross proceeds of $100M.Underwriter's option to purchase additional 2M shares, making aggregate gross proceeds to be $115M.Net proceeds to fund acquisitions, working capital and other general corporate purposes.Offering is scheduled to close on or about June 3, 2021.

For further details see:

Converge Technology Solutions buybacks $100M shares
Stock Information

Company Name: Converge Technology Partners Inc
Stock Symbol: CTSDF
Market: OTC
Website: convergetp.com

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