On May 23, 2024, Tantalus Systems Holding Inc. closed a bought deal offering of its common shares pursuant to the listed issuer financing exemption and a concurrent private placement for total gross proceeds of $10 million. For this offering, Cormark Securities Inc. and Canaccord Genuity Corp. were both co-lead underwriters and joint bookrunners which was on behalf of a syndicate of underwriters which included Beacon Securities Limited, Haywood Securities Inc. and Paradigm Capital Inc.
Tantalus is a smart grid technology company that transforms aging one-way grids into multi-directional grids that improve the efficiency, reliability and sustainability of public power and electric cooperative utilities.
Osler, Hoskin & Harcourt LLP advised Tantalus Systems Holding Inc. with a team consisting of Trevor Scott, Jason Comerford, Minji Park and Lauren Sutherland (Corporate).
Key Contact
Partner, Corporate, Vancouver
Team
Partner, Corporate, New York
Associate, Corporate, Vancouver
Associate, Corporate, Vancouver
