Transaction|June 16, 2015
Vogogo completes bought deal financing
Torys acted as counsel to Vogogo with a team that included Janan Paskaran and Yvan Moquin.
On June 16, 2015, Vogogo Inc. (Vogogo) announced the completion of its previously announced bought deal offering of common shares through a syndicate of underwriters co-led by Salman Partners Inc., Clarus Securities Inc. and Beacon Securities Limited. An aggregate of 5,566,000 common shares were issued at an offering price of C$2.25 per common share for total gross proceeds to Vogogo of C$12,523,500, which included the exercise in full of the over-allotment option granted to the underwriters.
Vogogo is a payment services company with expertise in software development.
Further information can be found on Stockhouse's website.