Anaergia completes initial public offering of subordinate voting shares
On June 23, 2021, Anaergia Inc. (“Anaergia”) completed its initial public offering of 12,500,000 voting shares at a price of C$14.00 per share for gross proceeds of C$175 million.
The offering was made through a syndicate of underwriters co-led by TD Securities Inc. and Barclays Capital Canada Inc., acting as joint bookrunners and including CIBC Capital Markets, Scotiabank, National Bank Financial Inc., Raymond James Ltd., Roth Canada, ULC and Canaccord Genuity Corp.
The underwriters have been granted an over-allotment option to purchase up to an additional 1,875,000 voting shares at a price of C$14.00 per share for additional gross proceeds of up to C$26.25 million. The over-allotment option can be exercised for a period of 30 days from the closing date of the offering.
Further information can be found on Canada Newswire’s website.
Anaergia is a global leader in the production of clean energy, fertilizer, and recycled water from virtually any waste stream, offering the widest range of maximized resource recovery technologies for the municipal, industrial, commercial, and agricultural markets.