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

8 Mining Stocks Our Viewers Asked Us to Review | Sept 14th-18th

Canada Is Finally Fast-Tracking New Mines | John Passalacqua – First Phosphate

Gold & Silver Just Added $2 Billion to This Project | Aya Gold – Bourmadine PEA

Recommended

Blue Jay Gold Produces 66.9% Antimony Concentrate at 93.9% Recovery From Becker-Cochran

Brixton Metals Options 1,460-Hectare Silvergruvan Silver Project in Sweden

Related News

SPAC Chavant Capital Acquisition Seeks To Raise US$80 Million In IPO

Special purpose acquisition company Chavant Capital Acquisition Corp. went public on Nasdaq Capital Market today....

Tuesday, July 20, 2021, 11:38:00 AM

SpaceX Cuts IPO Valuation Target to $1.8 Trillion After Investor Feedback

SpaceX lowered its initial public offering valuation target to at least $1.8 trillion on Thursday,...

Friday, May 29, 2026, 02:11:55 AM

SPAC Acropolis Infrastructure Aims To Conduct A US$300 Million IPO

Blank check company Acropolis Infrastructure Acquisition Corp. is looking to raise US$300 million for its...

Friday, July 9, 2021, 10:57:00 AM

Robinhood’s IPO to be Priced at $38 Per Share

Robinhood’s IPO is expected to hit the Nasdaq today, but it appears that unenthusiastic demand...

Thursday, July 29, 2021, 09:00:00 AM

Investment Banks-Sponsored SPAC Roth CH Acquisition V Seeks To Raise US$100 Million In IPO

Special purpose acquisition company Roth CH Acquisition V Co. (Nasdaq: ROCLU) went public on the...

Wednesday, December 1, 2021, 05:01:00 PM