Nano One Materials Corp. (“Nano One” or the “Company”) issued a total of 5,282,900 units (the “Units”) at an offering price of $2.72 per Unit (the “Issue Price”), which included 686,900 Units issued pursuant to the over-allotment option for gross proceeds of approximately $14.37 million. Each Unit consisted of one common share in the capital of the Company (a “Common Share”) and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share, at an exercise price of $3.55 for a period of 24 months following the closing of the Offering, expiring October 29, 2022.
The Units were offered on a best efforts basis by Eight Capital and Gravitas Securities Inc., as co-lead agents and joint bookrunners (the “Agents”) and was conducted as a short form prospectus offering in the Provinces of British Columbia, Alberta, Ontario and New Brunswick.
Fasken advised Nano One with a team led by Steve Saville and Shanlee von Vegesack and included Marissa Di Lorenzo.
The Units were offered on a best efforts basis by Eight Capital and Gravitas Securities Inc., as co-lead agents and joint bookrunners (the “Agents”) and was conducted as a short form prospectus offering in the Provinces of British Columbia, Alberta, Ontario and New Brunswick.
Fasken advised Nano One with a team led by Steve Saville and Shanlee von Vegesack and included Marissa Di Lorenzo.
Jurisdiction
- British Columbia
