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Oct 29, 2021
Spectra7 Microsystems Inc. Completes $14.8 Million Private Placement
Spectra7 Microsystems Inc. (TSXV:SEV) (“Spectra7”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, completed a brokered private placement of 11,183,990 common shares at a price of $1.32 per common share for aggregate gross proceeds of approximately $14.8 million (the “Offering”). Cormark Securities Inc. acted as agent for the Offering.
Aird & Berlis acted on behalf of Spectra7 with a team composed of Richard Kimel and Sean Green (Capital Markets).