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Apex Trader Funding - News

E Split Corp. Announces Successful Overnight Offering

Not for distribution to U.S. Newswire Services or for dissemination in the United States. TORONTO, April 12, 2024 (GLOBE NEWSWIRE) -- Middlefield Group, on behalf of E Split Corp. (TSX:ENS) (the "Company"), is pleased to announce a successful overnight treasury offering of class A and preferred shares (the "Class A Shares" and "Preferred Shares", respectively). Gross proceeds of the offering are expected to be approximately $53.2 million. The offering is expected to close on or about Friday, April 19, 2024 and is subject to certain closing conditions including approval by the Toronto Stock Exchange. The Class A Shares were offered at a price of $11.60 per Class A Share to yield 13.4% and the Preferred Shares were offered at a price of $10.10 per Preferred Share to yield 6.7% to maturity. The Class A Share and Preferred Share offering prices were determined so ...