Greenbrook TMS Inc.
$20,000,000.00
10,000,000.00 Common Shares at $2.00
Initial Public Offering - Closed - Wednesday, October 3, 2018
Company Description
Greenbrook is a leading provider of Transcranial Magnetic Stimulation, a United States Food and Drug Administration cleared, non-invasive therapy for the treatment of major depressive disorder, and is operating through 41 Company-operated treatment centers,.TMS therapy provides local electromagnetic stimulation to specific brain regions known to be directly associated with mood regulation. Greenbrook has provided more than 160,000 TMS treatments to over 4,500 patients struggling with depression.
| Address: |
890 Yonge Street, 7th Floor Toronto, Ontario, M4W 3P4 Canada |
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| Phone Number: | 416 322 9700 |
| Fax Number: | |
| Website: |
| Industry: | Equip., Software, Syst. & Services |
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| Closing Date: | Wednesday, October 3, 2018 |
| 1st Day of Trading: | Wednesday, October 3, 2018 |
| Primary Symbol: | GTMS |
| Exchange: | Toronto |
Proceeds
The net proceeds of the offering will be used for the development of new TMS Centers and related working capital and the repayment of indebtness.
| Gross Proceeds: | US $20,000,000.00 |
|---|---|
| Underwrting Fees: | US $707,292.00 |
| Expense Offering: | US $400,000.00 |
| Net Proceeds: | US $18,892,708.00 |
| Lead Underwriter: | Bloom Burton Securities Inc. |
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| Other Underwriter(s): |
Performance
| 1 day | 1 week | 1 month | 6 months | Inception | |
|---|---|---|---|---|---|
| Recent Performance | 0.00 % | -28.68 % | -62.98 % | -70.34 % | -51.50 % |
| Post IPO Performance | 53.50 % | 750.00 % | 775.00 % |
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