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Freegold Intersects 3.62 g/t Au over 42m and 1.23 g/t Au over 170.7m (click to learn more)
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Shopify Subordinate Voting Ord Shs Class A T.SHOP

Alternate Symbol(s):  SHOP

Technology Information Technology Services
Shopify Inc. (Shopify) is a Canada-based global commerce company. The Company provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. The Company's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing, all from one integrated back office. The Shopify's platform operates across 175 countries.


TSX:SHOP - Post by User

Shopify Subordinate Voting Ord Shs Class A
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Post by lotus1on Jun 02, 2017 10:19am
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Post# 26316208

Shopify Announces Closing of Underwriters' Over-Allotment

Shopify Announces Closing of Underwriters' Over-Allotment

Friday, June 02, 2017

 

Shopify Announces Closing of Underwriters' Over-Allotment Option in Connection with Offering of Class A Subordinate Voting Shares

09:59 EDT Friday, June 02, 2017


OTTAWA, Ontario (Business Wire) -- Shopify Inc. (NYSE:SHOP)(TSX:SHOP) (“Shopify”) today announced that, in connection with its recent public offering of 5,500,000 Class A subordinate voting shares completed on May 24, 2017 (the “Offering“), the underwriters to the Offering exercised their option (the “Over-Allotment Option”) in full to purchase an additional 825,000 Class A subordinate voting shares. The sale of the additional Class A subordinate voting shares pursuant to the Over-Allotment Option was completed today, and brings the aggregate gross proceeds from the Offering to US$575,575,000.

Morgan Stanley and Credit Suisse acted as bookrunners and CIBC Capital Markets acted as co-manager in the Offering.


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