Nerds on Site Inc. (the “Company”) (CSE:NERD), a mobile IT solutions company servicing the SME marketplace, is pleased to announce that it has completed its initial public offering of 13,519,830 units, each unit consisting of a common share and a half warrant, at a price of $0.35 per unit, for gross proceeds of $4.73 million. The shares are listed on the Canadian Securities Exchange (CSE) under the symbol NERD and will begin trading on Nov 28th at the opening of the market. The financing was successfully led and completed by Canaccord Genuity, syndicated with Mackie Research, Haywood Securities and PI Financial.
Nerds on Site is thankful to listing working group for doing such a spectacular job running and completing the IPO. It extends special thanks to Canaccord Genuity, Stadnyk and Partners, Norton Rose Fulbright LLP, Mcleod Law LLP, and MNP LLP. The company would also like to thank Dankanych Law Group, Go Capital Inc. and all of its shareholders for their ongoing support.
A detailed listing statement has been filed on www.sedar.com and on the CSE website.
For further information: please visit investors.nerdsonsite.com, call 1-877-778-2335, or email IR@nerdsonsite.com.
Director, Nerds On Site Inc