On December 3, 2021, Pluribus Technologies Inc. (“Pluribus”) and Aumento Capital IX Corp. (TSXV: AUIX.P) (“AUIX”) announced that Pluribus has closed a brokered and non-brokered offering (the “Offering”) of an aggregate of 3,475,291 subscription receipts (the “Subscription Receipts”) at a price of $6.75 per Subscription Receipt (the “Issue Price”). Pursuant to the Offering and the Common Share Issuances (as defined below), Pluribus raised an aggregate of approximately $25,000,000. The Subscription Receipts were issued pursuant to a subscription receipt agreement (the “Subscription Receipt Agreement”) among Pluribus, AUIX, Canaccord Genuity Corp. and TSX Trust Company, as escrow agent (the “Escrow Agent”).<\/p>\n
Concurrently with the completion of the Offering, Pluribus entered into agreements with certain of its securityholders to apply payments in the amount of approximately $1,500,000 due to be paid to them towards subscriptions for Pluribus Common Shares (the “Common Share Issuances”).<\/p>\n
The Offering was undertaken in connection with the previously announced business combination between Pluribus and AUIX, a capital pool company pursuant to which AUIX will acquire all of the issued and outstanding securities of Pluribus by way of a three-cornered amalgamation involving a wholly-owned subsidiary of AUIX (“Subco”) incorporated under the federal laws of Canada, with such acquisition (the “Proposed Transaction”) constituting a reverse take-over of AUIX.<\/p>\n
Pluribus is a technology company that acquires small, profitable business-to-business software companies at reasonable prices in a range of verticals and industries.<\/p>\n
Miller Thomson advised Pluribus on the Offering with a team comprised of Mack Hosseinian, Ian Polisuk (Capital Markets) and Joshua Davis (Student).<\/p>\n","protected":false},"author":1,"template":"","class_list":["post-3892","deals-cases","type-deals-cases","status-publish","hentry"],"acf":[],"yoast_head":"\n