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home / news releases / CTSDF - Converge Technology Solutions upsizes bought deal financing


CTSDF - Converge Technology Solutions upsizes bought deal financing

Converge Technology Solutions (CTSDF) increases the size of its bought deal financing to $30.03M from previous $20.1M.  The company entered into an amended agreement with a syndicate of underwriters led by Canaccord Genuity and Echelon Wealth Partners, where the underwriters have agreed to now purchase 14,650,000 common shares at $2.05 per share.If underwriters' over-allotment option is exercised, the gross proceeds will be $34.54M.Offer is scheduled to close on Sept. 30, 2020.

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Converge Technology Solutions upsizes bought deal financing
Stock Information

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

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