Nano One Materials Corp. (the “Company”), a technology company changing how the world makes cathode active materials for lithium-ion batteries, has completed a $6.96 million overnight marketed underwritten offering of units of the Company (the “Offering”).
Canaccord Genuity Corp. (the “Lead Underwriter”) acted as lead underwriter and sole bookrunner under the Offering on behalf of a syndicate of underwriters including Roth Canada, Inc. and Cormark Securities Inc.
Each unit consists of one common share of the Company (each, a “Common Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder thereof to acquire, upon payment of C$1.75 to the Company, one common share of the Company, subject to adjustment in certain circumstances, until December 10, 2027.
Fasken advised the Company with a team led by Steve Saville (Corporate/Commercial), and included Shanlee von Vegesack (Capital Markets, M&A) and Arjun Sodhi (Capital Markets, M&A).
Jurisdiction
- British Columbia
