Post by
Pandora on Oct 14, 2021 1:40pm
The offering -- Sedar
at www.sedar.com.
SHORT FORM PROSPECTUS
New Issue October 13, 2021
Ventripoint Diagnostics Ltd.
$7,004,400
13,470,000 Units
____________________________________
Price: $0.52 per Unit
This short form prospectus (the "Prospectus") qualifies the distribution ("Offering") of 13,470,000 Units ("Initial
Units") of Ventripoint Diagnostics Ltd. ("Ventripoint" or the "Company") at a price of $0.52 per Unit ("Issue
Price"). Each Initial Unit consists of one common share of the Company (each an "Initial Share" and collectively
the "Initial Shares") and one common share purchase warrant of the Company (each whole common share purchase
warrant being an "Initial Warrant" and collectively the "Initial Warrants"). Each Initial Warrant will entitle the
holder thereof to purchase one common share of the Company (each an "Initial Warrant Share") at an exercise
price of $0.70 per Initial Warrant Share at any time until 5:00 pm (Toronto time) on the date that is 60 months
following the Closing Date (as defined below), subject to adjustment in certain events. The Warrants shall be
governed by the terms of a warrant indenture (the "Warrant Indenture"), to be dated as of the Closing Date,
between the Company and Computershare Trust Company of Canada (the "Warrant Agent"), as a warrant agent.
The Units qualified for distribution by this Prospectus will be issued pursuant to the terms of an underwriting
agreement (the "Underwriting Agreement") entered into among the Company and Leede Jones Gable Inc. ("LJG")
and Stifel Nicolaus Canada Inc. (collectively with LJG, the "Co-Lead Underwriters" or the "Underwriters"). The
Issue Price was determined based on arm's-length negotiations between the Company and the Underwriters with
reference to the prevailing market price of the common shares of the Company (the "Common Shares") on the TSX
Comment by
Enough on Oct 14, 2021 9:06pm
It adds nothing, but is a distraction, a technique used by pumpers. Putting a series of random posts, obscures prior posts, usually ones that cast the given stock in a negative manner. So your pointed questions about why there have been no sales, the lack of action on GE, the continued need for financing after we were told there was 3 years funding, then 2.....
Comment by
Schmid on Sep 21, 2022 8:26pm
this is a reply to enough's first post on SH april 2021 and if you check, it exclusively "keeps it real" on VPT BB ever since lol It's called a pattern son and if you don't work for SH it can get you sued by companies tired of this garbage
Comment by
Pandora on Sep 21, 2022 8:41pm
Not sure what you are getting at here but VPT posts on SH only go back to September 2021 -- not to April.
Comment by
Yajne on Oct 14, 2021 11:48pm
Some of the units sold will be for "pay for use", a model I happen to like but if requires capital to build the units which will be VPT owned. When the "pay for use" toll highway starts churning out cash flow, IMO all longs will be happy with the result. A cash flow machine...
Comment by
Pandora on Oct 15, 2021 12:35am
And being in a kind moment I will just ignore the snark. There were 4 items posted on Sedar today concerning the previously announced financing. Seeing as I had it open I posted them thinking someone might have an interest. I will leave it at that.