other material
confidence high
sentiment neutral
materiality 0.60
DIRTT closes C$30M rights offering, issues 85.7M shares at C$0.35
DIRTT ENVIRONMENTAL SOLUTIONS LTD
- Rights offering fully subscribed; aggregate gross proceeds of C$30.0M.
- Issued 85,714,285 common shares at C$0.35 per share.
- Post-offering shares outstanding: 191,091,952.
- Insiders acquired ~61.4M shares for proceeds ~C$21.5M.
- No shares issued under standby purchase agreement; standby purchasers reimbursed up to C$30k each.