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Groupe Dynamite’s IPO Boosts Proceeds by $13.6 Million

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Groupe Dynamite Inc. (TSE:GRGD) has released an update.

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Groupe Dynamite Inc. has announced a partial exercise of its IPO over-allotment option, resulting in additional gross proceeds of approximately $13.6 million. The company’s subordinate voting shares, listed on the Toronto Stock Exchange under the symbol ‘GRGD’, contribute to a total aggregate gross proceeds of around $313.6 million for the Selling Shareholders.

For further insights into TSE:GRGD stock, check out TipRanks’ Stock Analysis page.

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