AnalytixInsight’s C$9.25 Million Equity Offering

Fasken assisted AnalytixInsight Inc. on the overnight marketed equity prospectus offering.

AnalytixInsight Inc. (TSXV: ALY) closed its previously-announced overnight marketed public offering for aggregate gross proceeds of C$9,257,500, including full exercise of the over-allotment option. 

The Company filed a short form prospectus with the securities regulatory authorities in each of the provinces of Canada (other than Quebec) in connection with the offering of units of the Company. Each Unit consists of one common share of the Company  and one half of one Common Share purchase warrant.

Canaccord Genuity Corp. and Cantor Fitzgerald Canada Corporation acted as the co-lead underwriters and joint bookrunners for the Offering, and the syndicate of underwriters included Roth Canada, ULC.

AnalytixInsight Inc. is an Artificial Intelligence, machine-learning company. 

The Fasken team was led by Samuel Li (Picture) and included Steve Saville, Alex Nikolic, Martin Ferreira Pinho and Leo Daniels (Corporate Finance) and Mike Coburn (Tax). 

Involved fees earner: Michael Coburn – Fasken Martineau; Leo Daniels – Fasken Martineau; Martin Ferreira Pinho – Fasken Martineau; Samuel Li – Fasken Martineau; Alex Nikolic – Fasken Martineau; Steve Saville – Fasken Martineau;

Law Firms: Fasken Martineau;

Clients: AnalytixInsight, Inc.;

Author: Martina Bellini