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Bullboard - Stock Discussion Forum NFI Group Inc T.NFI

Alternate Symbol(s):  NFYEF | T.NFI.DB

Industrials
NFI Group Inc. is a Canada-based independent global bus manufacturer. The Company provides a suite of mass transportation solutions under brands: New Flyer (heavy-duty transit buses), Alexander Dennis (AD) (single and double-deck buses), Plaxton (motor coaches), MCI (motor coaches), ARBOC (low-floor cutaway and medium-duty buses) and NFI Parts (aftermarket parts sales). It operates through two... see more

TSX:NFI - Post Discussion

NFI Group Inc > More dilution for shareholders
View:
Post by BSdetector2016 on May 11, 2023 7:15am

More dilution for shareholders

Talk about a dud. Presumably there will be another bus order NR in the wind soon...

https://www.globenewswire.com/news-release/2023/05/11/2666568/0/en/NFI-Announces-150-Million-Private-Placement-of-Common-Shares-with-Coliseum-Capital-Management.html
Comment by RayDonovan78 on May 11, 2023 8:15am
Yeah, Not too happy about this. Just when things were looking positive. It will be interesting how the market reacts today after yesterdays sell-off. 
Comment by 1condor on May 30, 2023 5:23pm
More financing...this time at 8.25. Good bet you will get that price tomorrow.
NFI Group Inc
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