Dye & Durham Limited
$150,000,000.00
20,000,000.00 Common Shares at $7.50
Initial Public Offering - Closed - Friday, July 17, 2020
Company Description
Dye & Durham Limited is a leading provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. The Company provides critical information services and workflow, which clients use to manage their process, information and regulatory requirements.
| Address: |
First Canadian Place, Exchange Tower, 130 King, St West, Suite 501 Toronto, Ontario, M5X 1E4 Canada |
|---|---|
| Phone Number: | 416 640 7100 |
| Fax Number: | |
| Website: |
| Industry: | Software |
|---|---|
| Closing Date: | Friday, July 17, 2020 |
| 1st Day of Trading: | Friday, July 17, 2020 |
| Primary Symbol: | DND |
| Exchange: | Toronto |
Proceeds
The net proceeds of the offering will be used to permanently reduce a portion of Dye & Durham Opco’s outstanding indebtedness under the term loan, to repay the full amount of Dye & Durham Opco’s outstanding indebtedness under the revolving loan and the remaining net proceeds for working capital and general corporate purposes.
| Gross Proceeds: | $150,000,000.00 |
|---|---|
| Underwrting Fees: | $9,000,000.00 |
| Expense Offering: | $4,000,000.00 |
| Net Proceeds: | $137,000,000.00 |
| Lead Underwriter: | Canaccord Genuity Corp. |
|---|---|
| Other Underwriter(s): |
BMO Nesbitt Burns Inc. Scotia Capital Inc. Raymond James Ltd. Infor Financial Inc. |
Performance
| 1 day | 1 week | 1 month | 6 months | Inception | |
|---|---|---|---|---|---|
| Recent Performance | -1.25 % | -2.06 % | -6.13 % | -45.15 % | 26.67 % |
| Post IPO Performance | 97.33 % | 97.33 % | 471.73 % |
The content of this page is transmitted strictly for informational purposes. Investments must be selected in accordance with the investor's respective objectives. Desjardins Online Brokerage does not issue any recommendations or endorsements concerning any particular product, its potential value or appropriateness, or any specific strategy. It is highly recommended to read the prospectus before making any type of investment.