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.

Altamira Gold Corp. — sponsored Sponsored · Altamira Gold Corp.

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

The Gold & Copper Stocks Everyone Keeps Asking About | Oct. 12-16 – Weekly Mining Mailbag

Similar Gold Mines Are Valued 10X Higher. Why Not This One? | JW Dumont – Granada Gold Mine

The US Interest Bill Gold Can’t Ignore | Peter Grandich

Recommended

Sage Potash Expands Sage Plain Resource to 771.5 Million Tonnes, Adds First Measured and Indicated Tonnage

Cambria’s Silver Coin Infill Program Delivers 98.56 g/t Gold Over 8.2 Metres

Related News

Eagle Equity’s 8th SPAC Screaming Eagle Acquisition Prices US$750 Million IPO

Special purpose acquisition company Screaming Eagle Acquisition Corp.(Nasdaq: SCRMU) started trading publicly on the Nasdaq...

Thursday, January 6, 2022, 02:18:00 PM

Small-Cap IPOs That Are Pump-And-Dumps Are On The Rise, Thanks To Chinese Firms

The Financial Industry Regulatory Authority Inc. (FINRA) cautions that initial public offerings (IPOs) by international...

Saturday, November 19, 2022, 11:11:00 AM

Accounts Payable Software AvidXchange Prices US$660 Million IPO

Accounts payable automation software AvidXchange Holdings, Inc. (Nasdaq: AVDX) started publicly trading on the Nasdaq...

Wednesday, October 13, 2021, 02:13:00 PM

Fracking Firm ProFrac Prices US$288 Million IPO

Hydraulic fracturing company ProFrac Holding Corp. (Nasdaq: PFHC) began trading on the Nasdaq Global Select...

Friday, May 13, 2022, 02:26:00 PM

Robinhood Creating Platform to Allow Amateur Investors to Buy IPOs, Including its Own

While still brushing off daytrader anguish and congressional scrutiny after its decision to pause trading...

Saturday, March 27, 2021, 11:21:00 AM