Markham-Based GE, ECI Join Forces to Enhance Support of Modern Utility Networks Markham-Based Baylin Technologies Announces Receipt of a $365,000 Purchase Order for its New Under the Seat Stadium Antennas

Markham Headquartered Sangoma Announces Bought Deal Financing

Sangoma phone web technologyMARKHAM, ONJune 24, 2019 /CNW/ – Sangoma Technologies Corporation (TSXV:STC) (“Sangoma” or “Company”), a trusted leader in delivering Unified Communications solutions for SMBs, Enterprises, OEMs, and Service Providers, is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by Acumen Capital Finance Partners Limited and Cormark Securities Inc. (together, the “Co-Lead Underwriters”), pursuant to which the Co-Lead Underwriters have agreed to purchase, on a “bought deal” basis and subject to regulatory approval, 11,291,000 common shares (the “Shares”) of Sangoma, at a price of $1.55 per Share (the “Offering Price”) and offer them to the public by way of short form prospectus for total gross proceeds of approximately $17.5 million (the “Offering”).

Full Article: prnewswire.com


The Regional Municipality of York
Economic Strategy Office
17250 Yonge Street
Newmarket, Ontario, Canada
L3Y 6Z1

York Link
169 Enterprise Boulevard
Markham, Ontario, Canada
L6G 0E7

Zoom in Regular Zoom out
York Region Logo