Ats Corporation (TSE:ATS) has released an update.
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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