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Tetra Bio-Pharma to list additional shares May 17
2021-05-13 18:46 ET - Prospectus Approved
The Toronto Stock Exchange reports that Tetra Bio-Pharma Inc. will list additional shares at the open on May 17, 2021. As stated in the prospectus supplement dated May 12, 2021, to the short form base shelf prospectus dated April 1, 2020, the company will issue 25 million units at 40 cents per unit in a public offering, with each unit consisting of one share and one warrant.
According to the TSX, the units will separate immediately upon the closing of the offering. Each warrant will entitle the holder to acquire one share at 51 cents per share for 24 months following the closing of the offering. The warrants will not be listed and posted for trading on the TSX.