Quarterhill Inc T.QTRH

Alternate Symbol(s): T.QTRH.DB | QTRHF

Technology Communication Equipment

Quarterhill Inc. is a Canada-based company, which is engaged in providing tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry. The Company provides end-to-end mobility systems to some of the tolling authorities in the United States, including in Texas, California and Illinois through Electronic Transaction Consultants, LLC (ETC). ETC’s core products comprise the riteSuite platform, a scalable and customizable cloud-based tolling and mobility solution. The platform has applications for the roadside and back office, with strengths in vehicle identification, tracking, dynamic pricing and interoperability amongst agencies. The Company’s wholly owned subsidiary is International Road Dynamics Inc. (IRD), is a multi-discipline, technology company and provider of Intelligent Transportation Systems. It provides integrate ITS technologies into systems designed to solve and challenging transportation problems.

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Quarterhill Inc > Preliminary Short Form Prospectus

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Comment by cabbieJBJon Oct 04, 2021 3:41pm

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Post# 33962023

RE:RE:RE:RE:RE:RE:RE:RE:Preliminary Short Form Prospectus

Your recollection is the same as mine onlygame.

ETC was $150M. The acquisition deal was $75M cash and $75M debt (the HCBC Agreement).

The just announced Shelf Prospectus covers both debt and equity. I jumped on the equity side and may have confused readers; v_g rightly pointed out the debt option. A fixed rate debt offering could be used to retire the floating rate Agreement with HSBC, be used for additional initiatives or both. Either debt or equity are possibilities imo.

However, this activity sends a signal that QTRH is prepared for transformational events.

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