Sienna renews at-the-market equity distribution program for up to C$150 million
On February 19, 2026, Sienna Senior Living Inc. (“Sienna”) announced that Sienna’s Board of Directors approved the renewal of its at-the-market equity program (the “ATM Program”), allowing it to issue up to C$150 million of shares at its discretion during the term of the ATM Program.
In the fourth quarter of 2025, approximately 5.0 million shares were issued under the prior ATM Program for gross proceeds of approximately C$101.1 million at an average share price of C$20.15, and resulting in the full deployment of its prior C$125 million ATM Program, which was established on May 6, 2025.
Any common shares sold under the program will be distributed through the Toronto Stock Exchange or any other permitted marketplace at the market prices prevailing at the time of sale.
The ATM Program provides Sienna with additional financing flexibility to fund growth initiatives, including a robust acquisition pipeline, long-term care projects at various stages of development, and general corporate purposes.
Further information can be found on Globe Newswire’s website.
Sienna Senior Living offers a full range of seniors' living options, including independent living, assisted living and memory care under its Aspira retirement brand, long-term care, and specialized programs and services.