Pet Valu Closes IPO Issuing 15.8 Million Shares, Raises $316.3 Million

Pet Valu Holdings Ltd. (TSX: PET) closed its initial public offering today, raising gross proceeds of $316.3 million. The company went public on the Toronto Stock Exchange on June 24, 2021, under the symbol “PET”.

The company was able to issue 15,812,500 million common shares, including the exercised over-allotment option of additional 2,062,500 shares, at $20.00 per share. 

The public offering was made through a syndicate of underwriters led by RBC Capital Markets, Barclays, and CIBC Capital Markets.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

The Ontario-based pet goods retailer has 600 corporate-owned and franchised locations across Canada.

Pet Valu Holdings last traded at $23.03 on the TSX.


Information for this briefing was found via Sedar and Pet Valu. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Tungsten Went 6X. I Went to See the Deposit Time Forgot | DD-on-the-GO! – Rackla Metals Inc

The World’s Largest Undeveloped Gold Project Nears a Deal | Rudi Fronk – Seabridge Gold

One of the World’s Biggest Copper Mines Could Reopen Just to Shut Down | First Quantum

Recommended

First Majestic Produces 3.4 Million Ounces of Silver in Q3 2026, Jerritt Canyon Restart Remains on Track

Altamira Gold Drills 134 Metres of 0.5 g/t Gold at Maria Bonita, Hole Ends in Mineralization

Related News

Biotech Firm OKYO Pharma Closes US$2.5 Million IPO

Biotech firm OKYO Pharma Limited (Nasdaq: OKYO) closed on Thursday its initial public offering on...

Saturday, May 21, 2022, 05:12:00 PM

Shein Reportedly Filed $63 Billion London IPO Amid U.S. Regulatory Hurdles

Online fashion retailer Shein has confidentially filed papers for a potential listing in London, a...

Monday, June 24, 2024, 09:02:00 AM

Tech SPAC Athena Technology Acquisition II Looks To Raise US$250 Million In IPO

Blank check company Athena Technology Acquisition Corp. II (NYSE: ATEK.U) went public today on the...

Friday, December 10, 2021, 02:11:00 PM

Biotech SPAC Larkspur Health Acquisition Prices US$75 Million IPO

After filing for registration in May 2021, special purpose acquisition company Larkspur Health Acquisition Corp....

Tuesday, December 21, 2021, 01:54:00 PM

Start-Up EV Maker Rivian Files Paperwork for IPO

On August 27, the private start-up electric vehicle manufacturer Rivian submitted a widely anticipated confidential...

Tuesday, August 31, 2021, 03:37:00 PM