Canadian threat analytics agency Greifenberg Digital information for $15M US IPO

Canadian fintech Greifenberg Digital (GDLT) has filed to lift as much as $15M by a direct providing of its shares on the US market.

Greifenberg stated in a filing that it intends to supply as much as 3M shares at the assumed value of $5 per share, a quantity that might possible change.

Shares will probably be supplied by administration on behalf of the corporate on a “greatest efforts” foundation, with no underwriter concerned. Traders can subscribe to the providing by filling out an software hooked up to the prospectus.

The supply will probably be accomplished 180 days from the date of the prospectus supplied the corporate raises not less than $10M. If it doesn’t, subscribers to the providing may have their subscription value refunded.

Primarily based in British Columbia, Greifenberg is growing threat analytics for rising mounted revenue markets, focusing first on Chinese language company bond market. The corporate plans to develop to incorporate Australia and rising company bond markets in South America and Asia.

For extra IPO information, take a look at SA’s IPO News page.