February 04, 2010
Enablence Technologies Inc. (TSXV: ENA), a leading supplier of fiber-to-the-home (FTTH) equipment for triple-play residential and business services and optical components and subsystems for access, metro and long haul markets, completed a public offering of 71,875,000 common shares (including 9,375,000 common shares issued pursuant to the exercise by the agents of the over-allotment option in full), at a price of $0.40 per share for gross proceeds of $28,750,000. The offering was conducted through a syndicate of agents led by Paradigm Capital Inc. and included Raymond James Ltd.
Wildeboer Dellelce LLP acted for the agents in connection with the offering with a team that included Robert Fonn, Alexis Vazquez and Zahar Orlov (corporate/securities) and Andrea Shreeram (tax).