Financing ... CEOfrom the SEDAR filing re Tal:
"On April 17, 2018, the Shareholder acquired an aggregate of 105,000 Shares (the “Acquired Shares”). The Shares were acquired in connection with Acuity’s brokered private placement financing which closed on April 17, 2018, pursuant to which Acuity issued 4,600,000 Shares (the “Offering”). Prior to the completion of the Offering, the Shareholder held 3,692,821 Shares, representing 10.50% of the issued and outstanding Shares of Acuity. As a result of the Offering, the Shareholder now holds 9.46% of the issued and outstanding Shares".
and
"After giving effect to the Offering, the Shareholder beneficially owns and controls 3,797,821 Shares, representing approximately 9.46% of the outstanding Shares (based on 40,130,120 Shares outstanding as of April 17, 2018), and 8.91% of the outstanding Shares on a fully-diluted basis (based on 2,484,763 stock options to purchase Shares outstanding as of April 17, 2018, 1,720,630 deferred share units outstanding as of April 17, 2018, and 581,467 common share purchase warrants outstanding as of April 17, 2018)."
and
"In connection with the Offering, the Shareholder has entered into a lock-up agreement (the “Lock-Up Agreement”), pursuant to which the Shareholder agreed that, for a period of 120 days following the closing of the Offering, the Shareholder will not directly or indirectly trade any Shares, subject to certain exception as outlined in the Lock-Up Agreement."