Dialogue completes IPO
Montreal-based telemedicine platform Dialogue announced the closing of its previously announced initial public offering pursuant to which it sold an aggregate of 8,334,000 common shares of the company at a price of $12.00 per share, for total gross proceeds of approximately $100 million.
The Common Shares will commence trading on the Toronto Stock Exchange under the symbol “CARE”. “This IPO is an exciting new chapter for Dialogue and will not change our number-one focus to facilitate the delivery of high-quality care to our members and customers. We will continue growing our platform, launching new health and wellness programs and bringing our solution to millions of people worldwide. A warm welcome to our new shareholders and partners joining us on this journey.” – Cherif Habib, CEO of Dialogue.
The Offering was made through a syndicate of underwriters led by National Bank Financial, RBC Capital Markets, Scotiabank and TD Securities as joint bookrunners and including CIBC World Markets, Desjardins Securities, Canaccord Genuity, iA Private Wealth, INFOR Financial and Laurentian Bank Securities.