- The underwriters of the BIGG Digital (BIGG) public offering partially exercised the over-allotment option resulting in the issuance of an additional 3,594,500 common shares and an additional 1,800,000 purchase warrants
- The additional gross proceeds from the option are approximately C$1,797,378
- The total aggregate gross proceeds of the offering are approximately $13,797,378
- The underwriters were led by PI Financial Corp. and included Canaccord Genuity Corp. and Echelon Wealth Partners
- BIGG Digital Assets (BIGG) is up 8.20 per cent, trading at C$0.66 per share at 3 pm EST
BIGG Digital (BIGG) have announced that the underwriters of its previously announced bought deal public offering partially exercised the over-allotment option.
This resulted in the issuance of an additional 3,594,500 common shares and an additional 1,800,000 purchase warrants.
The partial exercise of the over-allotment option increases the total aggregate gross proceeds of the Offering to approximately C$13,797,378.
Gross proceeds from the option total approximately C$1,797,378.
The offering was conducted by a syndicate of underwriters led by PI Financial Corp. and included Canaccord Genuity Corp. and Echelon Wealth Partners (collectively, the “Underwriters”). The Underwriters received a cash commission equal to 6% of the gross proceeds of the offering.
BIGG Digital Assets (BIGG) owns, operates and invests in crypto businesses that support and enhance a compliant and regulated ecosystem.
BIGG Digital Assets (BIGG) is up 8.20 per cent, trading at C$0.66 per share at 3 pm EST.
