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Acasti Pharma completed US$11.5 million common share and warrant offering

Fasken
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Overview

Client

Mackie Research Capital Corporation

On May 9, 2018, Acasti Pharma Inc. (NASDAQ:ACST) (TSXV:ACST) (the “Company” ) closed an underwritten public offering of units of the Company at a price of $1.05 per Unit for gross aggregate proceeds to the Company of $10,006,500 pursuant to an underwriting agreement dated April 24, 2018 with Mackie Research Capital Corporation (the “Underwriter”), as sole bookrunner and underwriter. The Underwriter also fully exercised the over-allotment option for additional aggregate gross proceeds to the Company of $1,500,975. 
Acasti Pharma is a biopharmaceutical innovator advancing a cardiovascular drug for the treatment of hypertriglyceridemia, a chronic condition affecting an estimated one third of the U.S. population.
Mackie Research Capital is one of Canada's largest independent full service investment firms.
Fasken advised Mackie Research Capital with a team that included Rubin Rapuch, Jessica Catton Rinaldi, Virginia Schweitzer, David Steinhauer, Armand Benitah, Mark Vanderveken and Roxana Monemdjou.

Team

  • Rubin Rapuch, Partner | Mergers & Acquisitions, Toronto, ON, +1 416 868 3447, [email protected]
  • Virginia K. Schweitzer, Partner | Co-Managing Partner, Ottawa, Ottawa, ON, +1 613 696 6889, [email protected]
  • Armand M. Benitah, Partner | Patent Agent | Trademark Agent | Trademarks Law, Toronto, ON, +1 416 868 3470, [email protected]
Rubin Rapuch Toronto Lawyer Rubin Rapuch Partner | Mergers & Acquisitions Toronto, ON +1 416 868 3447
Virginia Schweitzer Ottawa lawyer Virginia K. Schweitzer Partner | Co-Managing Partner, Ottawa Ottawa, ON +1 613 696 6889
Armand M Benitah Toronto Lawyer Armand M. Benitah Partner | Patent Agent | Trademark Agent | Trademarks Law Toronto, ON +1 416 868 3470
+1 418 640 2050