Edition:
United States

Gibraltar Growth Corp (GBGa.TO)

GBGa.TO on Toronto Stock Exchange

9.95CAD
--
Change (% chg)

-- (--)
Prev Close
$9.95
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
12,483
52-wk High
$10.00
52-wk Low
$9.50

Latest Key Developments (Source: Significant Developments)

Gibraltar Growth Corp announces completion of $100,000,000 initial public offering of class A restricted voting units
Friday, 2 Oct 2015 08:08am EDT 

Gibraltar Growth Corp:Says closing of its initial public offering of $100,000,000 of class A restricted voting units.Says that the company has granted the underwriters of the offering a 30-day option following closing of the offering to purchase up to an additional 1,500,000 class A restricted voting units, at a price of $10.00 each for additional gross proceeds of up to $15,000,000.Proceeds from distribution of the class A restricted voting units were deposited into an escrow account and will only be released upon certain prescribed conditions as further described in the final prospectus of the company dated Sept. 25.Says Gibraltar Opportunity, Inc is the sponsor of the Corporation and a wholly owned subsidiary of Gibraltar & Company, Inc, a Toronto-based private investment management company.  Full Article

Gibraltar Growth Corporation files final prospectus for initial public offering of $100,000,000 of class A restricted voting units
Monday, 28 Sep 2015 09:25am EDT 

Gibraltar Growth Corporation:Says has filed final prospectus with securities regulatory authorities in all provinces and territories of Canada and has obtained a receipt therefor in respect of its initial public offering of $100,000,000 of Class A restricted voting units.Says proceeds from the distribution of the Class A restricted voting units will be deposited into an escrow account and will only be released upon certain prescribed conditions.Says each Class A restricted voting unit has an offering price of $10.00 per Class A restricted voting unit and consists of one Class A restricted voting share and one warrant.Closing of the Offering is expected to occur on or about October 2.Offering is being distributed by a syndicate of underwriters led by CIBC, TD Securities Inc. and Cantor Fitzgerald & Co., and which includes National Bank Financial Inc.Blake, Cassels & Graydon LLP is acting as legal counsel to Gibraltar Opportunity and the Corporation and Stikeman Elliott LLP is acting as legal counsel to the Underwriters.  Full Article

More From Around the Web

No consensus analysis data available.