By Laura Lutz
Des Moines, May 4 - Novadaq Technologies Inc. priced a private placement of shares for about C$15 million.
The company plans to sell about 2 million shares at C$7.50 each.
The placement will be conducted through a syndicate led by RBC Dominion Securities Inc. and including Blackmont Capital Inc. and Versant Partners Inc.
Settlement is expected on May 23.
Proceeds will be used for product research and development, sales and marketing, recent acquisitions and general corporate purposes.
Toronto-based Novadaq develops medical imaging systems and real-time image-guided therapies.
| Issuer: | Novadaq Technologies Inc.
|
| Issue: | Shares
|
| Amount: | C$15 million
|
| Shares: | 2 million
|
| Price: | C$7.50
|
| Warrants: | No
|
| Agents: | RBC Dominion Securities Inc. (lead), Blackmont Capital Inc., Versant Partners Inc.
|
| Pricing date: | May 4
|
| Settlement date: | May 23
|
| Stock symbol: | Toronto: NDQ
|
| Stock price: | C$7.95 at close May 4
|
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