Exchange Bulletin
Q4 Inc. (QFOR) To Trade On Toronto Stock Exchange
October 25, 2021
| Issuer: | Q4 Inc. (the "Company") |
| Security: | Common shares (the "Shares") |
| Symbols: | QFOR |
| Transaction: | A total of 8,334,000 Shares are being offered to the public at a price of $12.00 per Share (the "Offering Price") for total gross proceeds of approximately $100 million pursuant to a prospectus offering (the "Offering") that is scheduled to close before the opening on October 29, 2021. In addition, the Company has granted to the Underwriters an over-allotment option pursuant to which the Underwriters may purchase up to 1,166,766 additional Shares at the Offering Price. |
| Commencement of trading: | Further to Toronto Stock Exchange ("TSX") Bulletin 2021-0992 dated October 20, 2021, the Shares will commence trading on TSX on an "if, as and when issued" basis at 9:30 a.m. (Toronto time), Monday, October 25, 2021, under the symbol QFOR. |
| Settlement: | Subject to the closing of the Offering on Friday, October 29, 2021, all trades in QFOR in the "if, as and when issued" market on: (i) October 25 and 26, 2021 will be for special settlement on October 29, 2021, and (ii) October 27 and 28, 2021 will be for special settlement two business days after the trade date and will appear on the Settlement Report from CDS Clearing and Depository Services Inc. Upon closing, TSX will issue a trader note confirming: (i) the closing; and (ii) that the Shares will no longer trade on an "if, as and when issued" basis but will trade thereafter on a regular settlement basis. If the Offering does not close, all of the "if, as and when issued" trades will be cancelled. No securities will be delivered and no money will be owed by purchasers to sellers. Parties who are entitled to receive Shares under the Offering may sell such securities in the "if, as and when issued" market without being subject to restrictions on short sales. Parties who are not entitled to receive Shares under the Offering must comply with the short sale rule in all respects for any sales they make in the "if, as and when issued" market. |
| Disclosure documents: | Final prospectus dated October 22, 2021, which are available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the disclosure documents. |
| Additional information: | See TSX Bulletin 2021-0992 dated October 20, 2021. |
| TSX contact: | Chris Birkett, Managing Director, Toronto Stock Exchange |