Skip to main content

PLEASE NOTE: For everyone’s safety, Fasken recommends anyone on-site at our Canadian offices be familiar with the COVID-19 recommendations in place which may include one or more of the following: social distancing, hand sanitizing, wearing a mask in common areas and proof of full vaccination. These measures apply to lawyers, staff, clients, service providers and other visitors.

Client Work

Automodular completes public and secondary offering for US$7.8 million

Fasken
Reading Time 1 minute read Subscribe

Overview

Client

Automodular Corporation

On November 2, 2007, Automodular Corporation completed a public offering of 3,900,000 common shares, including the exercise in full by the underwriters of the over-allotment option on closing, for gross proceeds of $7,800,000. In addition, 3,000,000 common shares were sold by Scotia Merchant Capital Corporation pursuant to a secondary offering. The offering of the common shares was qualified by short form prospectus filed in all provinces of Canada except Quebec and on a private placement basis in jurisdictions outside of Canada. A syndicate of underwriters led by GMP Securities L.P. and including Canaccord Capital Corporation acted in connection with the offering. Automodular Corporation is a supplier of sub-assembly, sequencing, transportation and logistics services to five Original Equipment Manufacturer plants in Ontario and Ohio. Automodular Corporation was represented by Fasken Martineau with a team composed of John Turner and Paula Amy Hewitt.

Team

    Subscribe

    Receive email updates from our team

    Subscribe