Rektron Group Inc.
$15,000,000.00
7,000,000.00 Units at $1.50
Initial Public Offering - Closed - Monday, August 26, 2024
Company Description
Rektron Group Inc.'s subsidiary, Rektron AQ UK, primarily invests in operating enterprises in the commodities sector. The Group’s trading expertise includes primarily energy and metals products. In particular, the primary products traded are ferrous and nonferrous metals, crude oil and refined oil products.
| Address: |
Vancouver, Quebec, V5P 3V6, Canada |
|---|---|
| Phone Number: | 416 897-7401 |
| Fax Number: | |
| Website: |
| Industry: | ENERGY |
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| Closing Date: | Monday, August 26, 2024 |
| 1st Day of Trading: | Monday, August 26, 2024 |
| Primary Symbol: | |
| Exchange: |
Proceeds
The net proceeds of the ofering will be used to fund its trading activities, to increase the metals and energy books and to expand the teams, systems and organization in order to facilitate this growth.
| Gross Proceeds: | US $15,000,000.00 |
|---|---|
| Underwrting Fees: | US $735,000.00 |
| Expense Offering: | US $95,000.00 |
| Net Proceeds: | US $14,170,000.00 |
| Lead Underwriter: | Research Capital Corporation |
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| Other Underwriter(s): |
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