TSXV:SLHG.H - Post by User
Post by
maysilverstoneon May 19, 2021 2:50pm
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Post# 33231282
$SHG announces $12M bought deal public offerings of common s
$SHG announces $12M bought deal public offerings of common s $SHG at $1.48 with a mc of $272.71M, resumed trading at 10:30 am (ET) after yesterday's halt.
Yesterday they announced a $12M bought deal public offering of Common Shares. The Underwriters have agreed to purchase 8,572,000 common shares at a price of $1.40/Common Share. $SHG plans to use the net proceeds of the offering to fund growth initiatives, such as executing its M&A strategy, and for general cooperate purposes. The Offering is expected to close on/about May 26, 2021.
I'm eagerly anticipating this hitting NASDAQ (under the symbol "SLHG "). With medical clinics spanning across 16 states in the US and providing care services to 150,000 patients annually, $SHG has huge growth potential long term as they continue to acquire more clinics and expand operations.