Brief: Mdf Commerce Inc Announces Increase To Bought Deal Offering

mdf Commerce

20/10/2020 24:22

Oct 19 (Reuters) - mdf Commerce Inc  MDF.TO :
    * MDF COMMERCE INC. ANNOUNCES INCREASE TO BOUGHT DEAL
OFFERING
    * MDF COMMERCE - AGREED WITH SYNDICATE OF UNDERWRITERS LED
BY
STIFEL GMP TO INCREASE SIZE OF ITS PREVIOUSLY ANNOUNCED $40
MILLION BOUGHT DEAL OFFERING
    * MDF COMMERCE INC - AGREED TO PURCHASE, ON A BOUGHT DEAL
BASIS,
4,157,000 COMMON SHARES OF COMPANY AT A PRICE OF $10.00 PER
COMMON SHARE
    * MDF COMMERCE- PURSUANT TO UPSIZED DEAL TERMS, UNDERWRITERS
AGREED TO BUY 4.16 MILLION COMMON SHARES OF CO FOR AGGREGATE
GROSS PROCEEDS TO MDF OF $41.6 MILLION
    * MDF COMMERCE- OFFERING IS EXPECTED TO CLOSE ON OR ABOUT
NOVEMBER
6

Source text for Eikon:  ID:nCNWCMnyna 
Further company coverage:  MDF.TO 

 ((Reuters.Briefs@thomsonreuters.com;))