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Neo will report its fourth-quarter results for the period ended December 31, 2020, before the Toronto market opens on Monday, March 22, 2021.
Neo Performance Materials is pleased to announce that it has completed the previously announced secondary offering of common shares, in which funds managed by Oaktree Capital Management, L.P. sold an aggregate of 5,175,000 Common Shares under the Offering at a price of $15.75 per share for total gross proceeds to the Selling Shareholders of approximately $81.5 million, including the full exercise of the over-allotment option.
Neo is pleased to announce that it and funds managed by Oaktree Capital Management, L.P. have entered into an agreement with Paradigm Capital Inc., on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, from the Selling Shareholders 4,500,000 common shares of the Company at a price of $15.75 per Common Share.
Neo is pleased to announce the completion of its previously announced secondary offering of an aggregate of 3,932,500 Common Shares at a price of $12.10 per share for total gross proceeds to the Selling Shareholders of approximately $47.6 million.
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. TORONTO, Canada, December 4, 2020 – Neo Performance Materials
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