RE:RE:Looks like Brokers Didn't buy overalotmentA conspiracy theory here could be that the banks striped all the warrants off the shares and only sold shares to their retail and small clients, so the pitch would be the stock is around $3 and you can buy for $2.59 (there's a cost split in the prospectus). And the warrants are all going to one investor who said they would invest at $3.19 for 15% of company over next 3 years and would exercise a bit each year to fund programs. Total conspiracy that can easily be debunked if you did get a unit of share + warrant in your offering.
realitycheck4u wrote: It was substantially over subscribed. I got 1/10th of what I was looking for so that additional allotment will occur
archeo753 wrote:
Theratechnologies to list additional shares Jan. 19
2021-01-15 20:37 ET - Prospectus Approved
The Toronto Stock Exchange reports that Theratechnologies Inc. will list additional shares at the open on Jan. 19, 2021. As stated in its prospectus supplement dated Jan. 13, 2021, the company will issue 14,546,000 units at $2.75 (U.S.) per unit in a public offering, with each unit consisting of one share and one-half warrant.
According to the TSX, the units will separate upon the closing of the offering. Each whole warrant will entitle the holder to acquire one share of the company at $3.18 (U.S.) for 36 months following the closing of the offering. The warrants will not be listed and posted for trading on the TSX.
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