Ats Corporation (TSE:ATS) has released an update.
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ATS Corporation, in partnership with Mason Capital Master Fund, L.P., has initiated an underwriting agreement with Scotia Capital Inc. to sell 3.5 million common shares at CAD$46.55 each. This move is part of a broader strategy to distribute ATS Corporation shares within Canada and the U.S., with the potential for an additional 147,000 shares available through an over-allotment option. The agreement is facilitated by compliance with Canadian and U.S. securities laws, ensuring a smooth transaction process for potential investors.
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