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Sangoma Technologies Corp T.STC

Alternate Symbol(s):  SANG

Sangoma Technologies Corporation is engaged in delivering cloud-based communications as a service solution for companies of all sizes. The Company is a business communications platform provider with solutions that include its unified communications as a service (UCaaS), contact center as a service (CCaaS), communications platform as a service (CPaaS), and trunking technologies. Its enterprise-grade communications suite is developed in-house and available for cloud, hybrid, or on-premises setups. Additionally, the Company provides managed services for connectivity, network, and security. It offers hardware and software components that enable or enhance Internet protocol communications systems for both telecom and datacom applications. Its product line includes data and telecom boards for media and signal processing, as well as gateway appliances and software. Its phones and devices include voice over Internet protocol (VoIP) hardware, headsets, telephony cards, and accessories.


TSX:STC - Post by User

Post by Charley33on Nov 15, 2021 4:19pm
186 Views
Post# 34128992

Sangoma Announces Initial Public Offering in the USA

Sangoma Announces Initial Public Offering in the USA
Sangoma Announces Initial Public Offering in the United States
4:12 PM (UTC-05:00) Eastern Time (US & Canada) Nov 15, 2021

MARKHAM, Ontario, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Sangoma Technologies Corporation (“Sangoma” or the “Company”) (TSX: STC), a trusted leader in delivering cloud-based Communications-as-a-Service solutions, today announced the launch of a marketed public offering of Sangoma’s Common Shares (“Common Shares”) in the United States and Canada, representing Sangoma’s initial public offering in the United States.

In connection with the initial public offering of the Common Shares in the United States, Sangoma has filed an application to list the Common Shares on Nasdaq Global Select Market (“Nasdaq”) under the symbol “SANG”. Trading of the Common Shares is expected to commence on Nasdaq following pricing of the offering. The Common Shares will continue to trade on the Toronto Stock Exchange (the “TSX”) under the symbol “STC”.


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