Horizons AlphaPro Gartman Fund has closed its initial public offering of 4.85 million Class A units and approximately 0.65 million Class F units of the fund for gross proceeds of more than $55 million, AlphaPro Management Inc. said Thursday.The Class A units are listed for trading on the Toronto Stock Exchange under the symbol HAG.UN.The […]
Series AK to yield 6.25% annually
Expected closing date is April 1
Offering expected to close March 31
Bank of Montreal plans a domestic public offering of $200 million of preferred shares.The net proceeds from the offering will be used by the bank for general corporate purposes, BMO says.The Non-Cumulative 5-year Rate Reset Class B Preferred Shares Series 21 will be issued to the public at a price of $25 per share and […]
Canadian deal volume, always modest, fell off a cliff last year
IPOs were among the hardest-hit stocks last year; the few big winners didn’t outweigh the underperforming majority
There were only a handful of non-resources IPOs in 2008, and the market has not been kind to them
For investors, opportunity may lie in preferred shares; for companies, there are other ways to go public
But firms find other ways to raise money