Flexible Electronics News

5N Plus Inc. Completes $46.2 Million Equity Financing

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By: DAVID SAVASTANO

Editor, Ink World Magazine

5N Plus Inc. completed its previously-announced “bought deal” public offering of 4 million common shares at a price of $11.55 per share, for total proceeds of $46.2 million. The net proceeds from the offering will be used by 5N Plus Inc. for general corporate purposes, including working capital, capital expenditures and possible future acquisitions. The 4 million common shares were sold to a syndicate of underwriters led by National Bank Financial Inc. and including GMP Securities L.P., Bl...

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