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Thinkific Labs Inc T.THNC

Alternate Symbol(s):  THNCF

Thinkific Labs Inc. is a Canada-based company that offers a software platform that enables entrepreneurs to create, market, sell, and deliver their own online courses. The Company operates primarily in one segment, which being the development, marketing and support management of the Company’s cloud-based platform. Its platform gives businesses everything they need to build, market, and sell online courses and other learning products, and to run their business seamlessly under their own brand, on their own site. Its platform provides its customers with the functionality needed to launch, grow, and diversify their businesses by creating, marketing, and selling learning products comprised of customized courses, communities, membership sites, digital products and other experiences that its customers can create, sell and deliver using its platform. Its customers identify as creators, entrepreneurs, business owners, consultants, authors, speakers, social media influencers, and others.


TSX:THNC - Post by User

Post by retiredcfon Jun 15, 2021 10:02am
201 Views
Post# 33387661

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08:40 AM EDT, 06/15/2021 (MT Newswires) -- Newly IPO'd Thinkific Labs (THNC.TO), an online technology platform for course creators, said overnight Monday that Rhino Ventures affiliate Rhino Co-Invest 2 Ltd. Partnership agreed to distribute 1,839,365 subordinate voting shares in Thinkific.

The shares were originally offered under a final prospectus in April and were acquired at a price of $13.00 per share from the underwriters participating in Thinkific's IPO. The effective date of the distribution was June 14.

As a result, Rhino Group's equity and voting interest in Thinkific fell to 27.8% and 35.3%, respectively, from 29.6% and 35.5%.

Price: 17.45, Change: 0.00, Percent Change: 0.00

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