Tricon Residential Inc.’s concurrent NYSE Listing, short form, base shelf and ATM
Goodmans LLP acted for Tricon Residential Inc., an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada, in connection with three concurrent transactions.
The transactions include Tricon's short form dated June 2, 2021 for total proceeds of $174,999,500, its final short form base shelf prospectus for an aggregate offering amount of up to C$1,500,000,000, and its initial public offering of common shares (the “Common Shares”) of Tricon Residential Inc. in the United States and a new issue of Common Shares in Canada by the Company.
The prospectus supplement, together with the accompanying short form base shelf prospectus dated August 26, 2021 (the “Shelf Prospectus”), qualified the distribution of 36,000,000 Common Shares (the “Offered Shares”) at a price of US$12.40 per Common Share (the “Offering Price”) for total proceeds of US$446,400,000.
Expertise
Featured Work
-
Capital Markets
Northwest Healthcare Properties Real Estate Investment Trust announces inaugural unsecured debentures offering
Goodmans LLP advised Northwest Healthcare Properties REIT in connection with a private placement offering of $500 million aggregate principal amount of senior unsecured debentures of the REIT in two… -
Capital Markets
Raymond James Ltd. facilitates $30 million equity financing for Medexus Pharmaceuticals Inc.
Goodmans LLP acted for Raymond James Ltd., as lead underwriter and sole bookrunner, in connection with the $30 million equity financing of Medexus Pharmaceuticals Inc. by way of shelf prospectus… -
Capital Markets
Mandalay Resources Corporation Base Shelf Prospectus
Goodmans LLP advised Mandalay Resources Corporation in connection with its base shelf prospectus dated December… -
Mergers and Acquisitions
NexPoint Hospitality Trust to be acquired by NexPoint Diversified Real Estate Trust
Goodmans LLP is advising NexPoint Hospitality Trust in connection with its announced acquisition by NexPoint Diversified Real Estate Trust… -
Capital Markets
Cormark Securities Inc. leads $51.75 million bought deal offering for Kraken Robotics
Goodmans LLP acted for the underwriters in connection with a bought deal short form prospectus offering of over 32.3 million common shares of Kraken Robotics Inc. for gross proceeds of C$51.75 million… -
SPACS
FG Acquisition Corp. completes acquisition of Strong/MDI Screen Systems Inc. and launches Saltire Capital Ltd.
Goodmans LLP acted for FG Acquisition Corp. ("FGAC"), a special purpose acquisition company, in connection with its acquisition of Strong/MDI Screen Systems, Inc., a leading manufacturer and…