Baylin Technologies Successfully Completes Rights Offering, Raising $11.8 Million
On December 22, 2023, Baylin Technologies Inc. (TSX: BYL), a diversified global technology company, completed its offering of rights to purchase its common shares at a subscription price of $0.19 per common share. Baylin Technologies received subscriptions for 62,186,516 common shares resulting in gross proceeds of $11.8 million.
Aird & Berlis represented Baylin Technologies with a team led by Richard Kimel and including Sean Green.