Anaergia’s Initial Public Offering

Torys LLP acted for Anaergia.

On June 8, 2021, Anaergia Inc. filed a preliminary prospectus in each of the provinces and territories of Canada for a proposed initial public offering of subordinate voting shares. The gross proceeds of the offering are expected to be approximately C$200 million, at an offering price between C$17.00 and C$20.00 per share.

The offering is being made through a syndicate of underwriters co-led by TD Securities Inc. and Barclays Capital Canada Inc. and including CIBC Capital Markets, Scotiabank, National Bank Financial Inc., Raymond James Ltd., Roth Canada, ULC and Canaccord Genuity Corp.

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.

The Torys’ team included Kevin Morris (Picture), Mike Pedlow, Brett Saulnier and Alison Shamie (corporate/Canadian securities), Andy Beck, Chris Bornhorst and Winnie Hu (U.S. securities), Andrew Gray (governance), Jennifer Lennon and Brad Tartick (Canadian employment), Zahava Blumenthal (U.S. employment), Craig Maurice and Benjamin Mann (tax).

Involved fees earner: Andrew Beck – Torys LLP; Zahava Blumenthal – Torys LLP; Chris Bornhorst – Torys LLP; Andrew Gray – Torys LLP; Winnie Hu – Torys LLP; Jennifer Lennon – Torys LLP; Benjamin Mann – Torys LLP; Craig Maurice – Torys LLP; Kevin Morris – Torys LLP; Mike Pedlow – Torys LLP; Brett Saulnier – Torys LLP; Alison Shamie – Torys LLP; Brad Tartick – Torys LLP;

Law Firms: Torys LLP;

Clients: Anaergia Inc.;

Author: Martina Bellini