46 million in the bank
Patriot One Technologies closes $46-million bought deal
2018-11-21 10:21 ET - News Release
Mr. Martin Cronin reports
PATRIOT ONE ANNOUNCES CLOSING OF $46.0 MILLION BOUGHT DEAL
Patriot One Technologies Inc. has closed its previously announced short form prospectus offering, on a bought deal basis, including the full exercise of the underwriters' overallotment option in the form of units of the company. A total of 18.4 million units of the company at a price per unit of $2.50 were purchased for aggregate gross proceeds of $46-million. The offering was conducted by a syndicate of underwriters led by Canaccord Genuity Corp., acting as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters including GMP Securities LP.
took large position today