other material
confidence high
sentiment neutral
materiality 0.30
Biotricity announces partial exercise of underwriter's option for additional 382,331 shares; total proceeds ~$16M
BIOTRICITY INC.
- Underwriter exercised option to purchase 382,331 additional common shares at public offering price.
- Total shares sold in offering increased to 5,382,331 generating $16M gross proceeds.
- Partial exercise is final; underwriter will not purchase additional shares.
- Offering closed on August 30, 2021; H.C. Wainwright acted as sole book-runner.