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Topicus.Com Inc V.TOI

Alternate Symbol(s):  TOITF

Technology Software - Application
Topicus.com Inc. is a Canada-based provider of vertical market software and vertical market platforms to clients in a select group of public and private sector markets. The Company is engaged principally in the development, installation and customization of software and the provision of related professional services and support for customers across several diverse markets primarily in Europe. Its companies include Total Specific Solutions (TSS) Public and Topicus. Its Topics are engaged in acquiring, developing and managing businesses. Topicus is a provider of consumer centric platforms and common workspaces in the realms of finance, education, healthcare and social services by connecting organizations, professionals and end users. Its TSS software solutions offers its customers financial security, strategic guidance, and share their best practices so that they can be leaders in their respective domains. Its software solutions provide customers with real business value.


TSXV:TOI - Post by User

Topicus.Com Inc > Conversion of pref shares
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Comment by Capharnaumon May 31, 2021 4:46pm
99 Views
Post# 33297676

RE:RE:Conversion of pref shares

RE:RE:Conversion of pref shares
hotdog123 wrote: Not sure. Are there also 39M preferred shares?  Not going to help the share price with almost 80M shares.....


According to the MD&A, there would be 64.9M pref securities:

"At March 31, 2021 the market price of Topicus’ Subordinate Voting Shares closed at CAD$82.54 or approximately €55.89. The increase in value from €19.06 to €55.89 multiplied by the 64.9 million Preferred Securities outstanding equals approximately €2,391.2 million."

I'm thinking this may lead to heavy selling pressure?
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