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Vitalhub Corp T.VHI

Alternate Symbol(s):  VHIBF

VitalHub Corp. is a Canada-based software company. The Company offers software for health and human service providers designed to simplify the user experience and optimize outcomes. It offers a comprehensive suite of software-as-a-service (SaaS) solutions, which include electronic health record (EHR), case management, care coordination, and optimization; patient flow, operational visibility, and patient journey optimization, and workforce automation. Its solutions include Alamac, Beautiful Information, Hicom, Intouch with Health, MCAP, Oculys, SHREWD, Synopsis, B Care, CaseWORKS, Pirouette, S12 Solutions and TREAT. Its clients include hospitals, regional health authorities, mental health and addictions services providers for children and adults, long-term care facilities, home health agencies, correctional services, and community and social services providers. It serves clients across Canada, the United States, the United Kingdom, Australia, the Middle East, and Europe.


TSX:VHI - Post by User

Post by goldenticketguyon Oct 26, 2020 8:59pm
193 Views
Post# 31786133

Another Bought Deal $15M!

Another Bought Deal $15M!Looks like we're ready to buy again!
Lookout. 5Million shares nets $15M, getting wiser.
Future looks very bright for this shiny star

https://stockhouse.com/news/press-releases/2020/10/26/vitalhub-corp-announces-15-million-bought-deal-public-

Vitalhub Corp. Announces $15 Million Bought Deal Public Offering

V.VHI 

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES 

TORONTO Oct. 26, 2020 /CNW/ - Vitalhub Corp. (the " Company " or " Vitalhub ") (TSXV: VHI) is pleased to announce that it has entered into an agreement with a syndicate of investment dealers led by Cormark Securities Inc. (collectively, the " Underwriters ") pursuant to which the Underwriters have agreed to purchase 5,172,500 Common Shares (the " Common Shares ") from the treasury of the Company, at a price of $2.90 per Common Share for total gross proceeds of approximately $15 million (the " Offering "). 

In addition, the Company has granted the Underwriters an option (the " Over-Allotment Option ") to purchase up to an additional 15% of the Common Shares of the Offering on the same terms exercisable at any time up to 30 days following the closing of the Offering, for market stabilization purposes and to cover over-allotments, if any. 

The net proceeds of the Offering shall be used for growth inititiaves, working capital and general corporate purposes. 

 

 


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