Timely Disclosure

Timely Disclosure

Updates and Commentary on Current issues in M&A, Corporate Finance and Capital Markets

Tag Archives: public offerings

At-The-Market Offerings In The Canadian Capital Markets: Flexibility At A Lower Cost

Posted in Corporate Finance
When seeking to access capital in the public markets in an uncertain economy, traditional follow-on financing methods might not be the right choice for some issuers. It may be that “bought deal” and “best efforts” public financings are unavailable or otherwise available but on terms that are unsuitable. In these circumstances, issuers may consider an… Continue Reading

IIROC Publishes Guidance to Underwriters in respect of Due Diligence for Public Offerings

Posted in Corporate Finance, Securities Regulatory Authorities
Background On December 18, 2014, the Investment Industry Regulatory Organization of Canada (IIROC) published its final guidance note outlining common due diligence practices and suggestions for IIROC dealer members (Dealer Members) in underwritten public offerings of securities.  The guidance note follows IIROC’s March 6, 2014 proposed guidance and a three month public comment period. The… Continue Reading