|Bid||0.6100 x 0|
|Ask||0.6400 x 0|
|Day's Range||0.5800 - 0.6400|
|52 Week Range||0.0700 - 1.2600|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov. 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.99|
Further to its news releases dated June 17 and 18, 2020, Quisitive Technology Solutions Inc. (“Quisitive” or the “Company”) (QUIS.V), a premier Microsoft solutions provider that helps customers navigate the ever-changing climate that their business relies upon, is pleased to announce that is has closed its “bought deal” offering of units of the Company (the “Units”) for aggregate gross proceeds of approximately $16 million (the “Offering”). The Offering was conducted by a syndicate of underwriters co-led by Eight Capital and Scotia Capital Inc., and including Clarus Securities Inc., Raymond James Ltd., Echelon Wealth Partners Inc., and Beacon Securities Limited (collectively, the “Underwriters”), and consisted of the sale of 21,333,405 Units (including the full exercise of the president’s list option, consisting of the sale of 4,466,700 Units, and the full exercise of the over-allotment option, consisting of the sale of 2,200,005 Units), at a price of $0.75 per Unit (the “Offering Price”).
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Each Unit shall consist of one common share of the Company (each, a “Unit Share”) and one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”).