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

Silver’s Bull Market Isn’t Over | Peter Krauth

Gold Could Fall Further. Here’s What I’m Buying | Rick Rule

Newmont Crushed Q3. So Why Did the Stock Fall?

Recommended

First Majestic Hits 4.24 g/t Gold Over 48.8 Metres at Saval as Jerritt Canyon Restart Advances

First Majestic Lifts Q3 Revenue 38% to US$394.1 Million on Higher Silver Prices

Related News

Biotech Firm CinCor Pharma Kicks Off Nasdaq IPO Roadshow

Clinical-stage biopharmaceutical company CinCor Pharma, Inc. is setting its sights on trading at the Nasdaq...

Tuesday, January 4, 2022, 02:36:00 PM

Ontario Teachers’ 2019 SpaceX Bet Poised to Return $11.6 Billion as Historic IPO Nears

Ontario Teachers’ Pension Plan stands to collect up to US$11.6 billion on the $220-million US...

Monday, June 8, 2026, 02:11:42 AM

Biopharmaceutical Firm DICE Therapeutics Prices Upsized US$204 Million IPO

Biopharmaceutical company DICE Therapeutics, Inc. (Nasdaq: DICE) started publicly trading on the Nasdaq Global Market...

Thursday, September 16, 2021, 11:08:00 AM

Biotech SPAC BioPlus Acquisition Prices US$200 Million IPO

Special purpose acquisition company BioPlus Acquisition Corp. (Nasdaq: BIOSU) started trading publicly on the Nasdaq...

Monday, December 6, 2021, 02:19:00 PM

Reddit: The High Level Details Of The IPO

The popular online platform Reddit has revealed its intention to go public on the New...

Friday, February 23, 2024, 08:05:41 AM