WELL Health Technologies Corp.’s $34.5 Million Bought Deal Offering

Wildeboer Dellelce LLP acted for the underwriters of the offering.

WELL Health Technologies Corp. (TSX: WELL) completed a bought deal public offering of common shares for gross proceeds of approximately $34.5 million (including the full exercise of the over-allotment option).

The offering was underwritten by a syndicate of underwriters co-lead by Eight Capital and Stifel GMP and including Canaccord Genuity Corp., CIBC World Markets Inc., PI Financial Corp., Laurentian Bank Securities Inc., Scotia Capital Inc., TD Securities Inc., Echelon Wealth Partners Inc., Haywood Securities Inc., Paradigm Capital Inc., Beacon Securities Limited and Roth Canada Inc.

WELL is a practitioner-focused digital healthcare company whose overarching objective is to positively impact health outcomes to empower and support healthcare practitioners and their patients. WELL has built an innovative practitioner enablement platform that includes comprehensive end to end practice management tools inclusive of virtual care and digital patient engagement capabilities as well as Electronic Medical Records (EMR), Revenue Cycle Management (RCM) and data protection services. WELL uses this platform to power healthcare practitioners both inside and outside of WELL’s own omni-channel patient services offerings. As such, WELL owns and operates Canada’s largest network of outpatient medical clinics serving primary and specialized healthcare services and is the provider of a leading multi-national, multi-disciplinary telehealth offering.

The Wildeboer Dellelce team consisted of Perry Dellelce (Picture), Michael Rennie, Natalie Tershakowec, Julian Lupo, Emma Weiss and Andrew Jensen (Corporate/Securities) and Katy Pitch and Marija Tasevska (tax).

Involved fees earner: Perry Dellelce – Wildeboer Dellelce LLP; Julian Lupo – Wildeboer Dellelce LLP; Katy Pitch – Wildeboer Dellelce LLP; Michael Rennie – Wildeboer Dellelce LLP; Marija Tasevska – Wildeboer Dellelce LLP; Natalie Tershakowec – Wildeboer Dellelce LLP;

Law Firms: Wildeboer Dellelce LLP;

Clients: Beacon Securities Limited; Canaccord Genuity; CIBC World Markets; Echelon Wealth Partners Inc.; Eight Capital Inc.; Haywood Securities Inc.; Laurentian Bank Securities Inc.; Paradigm Capital Inc.; PI Financial Corp.; Roth Canada; Scotia Capital Inc.; Stifel GMP; TD Securities;

Sonia Carcano

Author: Sonia Carcano