Blackline Announces Filing of Final Prospectus and Provides an Update on the Offering
NOT FOR DISTRIBUTION TO
The prospectus is accessible through SEDAR+
Access to the Prospectus and any amendment thereto is provided in accordance with securities legislation relating to procedures for providing access to a prospectus and any amendment thereto. The Prospectus and any amendment thereto is accessible on SEDAR+ at www.sedarplus.ca. An electronic or paper copy of the Prospectus and any amendment thereto may be obtained, without charge, by contacting
In connection with the Offering, the Company has granted the underwriters of the Offering an over-allotment option exercisable at any time up to 30 days following the closing of the Offering to purchase up to an additional 742,500 Common Shares at a price per Common Share equal to the Offering Price. As previously announced, concurrently with the Offering, the Company intends to complete, on a private placement basis (the "Private Placement"), a non-brokered offering of 2,475,000 Common Shares at a price equal to the Offering Price for gross proceeds of approximately
Blackline is also pleased to announce its lease securitization facility with
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Note Regarding Forward-Looking Statements
This press release contains certain forward–looking information and statements within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. In particular, but without limiting the forgoing, this press release contains statements concerning the over-allotment option, the number of Common Shares to be issued pursuant to the Private Placement and the closing date of the Offering and Private Placement. Although Blackline believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because Blackline can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The forward-looking statements contained in this press release are made as of the date hereof and Blackline undertakes no obligations to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities in any jurisdiction. The common shares of Blackline will not be and have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in
All dollar amounts in this news release are stated in Canadian dollars unless otherwise noted.
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