Li Ka-shing Invests in WELL Health Technologies Corp.
Posted on 05/19/2022
WELL Health Technologies Corporation (TSX: WELL) (OTCMKTS: WHTCF) completed its previously announced bought deal public offering of 9,327,765 common shares in the capital of the company, including 1,216,665 shares issued pursuant to the over-allotment option which was exercised in full, at a price of C$3.70 per Share, for gross proceeds of approximately C$34,512,731.
The offering was led by one of the largest sovereign wealth funds in the world along with Mr. Li Ka-shing and included other institutional and pension funds. WELL provides practitioners the choice to either join WELL’s network or purchase technology solutions from WELL
Advisors
Eight Capital and Stifel GMP acted as joint bookrunners and co-lead underwriters of the Offering with a syndicate that also included Canaccord Genuity Corp., CIBC World Markets Inc., PI Financial Corp., Laurentian Bank Securities Inc., Scotia Capital Inc., TD Securities Inc., Echelon Wealth Partners Inc., Haywood Securities Inc., Paradigm Capital Inc., Beacon Securities Limited, and Roth Canada Inc.
