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Dec 14, 2021 • 13 minutes in the past • 4 minute learn • Be part of the dialog
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Frequent Shares Priced at US$8.00 per Share
LAVAL, Quebec — In reference to its beforehand introduced public providing of widespread shares in Canada and america (the “Providing”), BELLUS Well being Inc. (“BELLUS Well being” or the “Firm”) (TSX and Nasdaq: BLU) at this time introduced that it has entered into an underwriting settlement with a syndicate of underwriters comprising Jefferies, Evercore ISI and RBC Capital Markets as joint book-running managers, and together with LifeSci Capital as lead supervisor and H.C. Wainwright & Co. and Bloom Burton as co-managers (collectively, the “Underwriters”), referring to the general public providing of 25,000,000 widespread shares. The shares are being bought at a public providing worth of US$8.00 per widespread share. Closing of the Providing is anticipated to happen on December 17, 2021, topic to the satisfaction of customary closing situations. As well as, the Underwriters have been granted a 30-day choice following the date hereof to buy as much as a further 3,750,000 widespread shares from the Firm.
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The Providing is being made in Canada pursuant to a prospectus complement (the “Complement”) to the Firm’s amended and restated brief type base shelf prospectus dated December 14, 2021 (the “A&R Base Shelf Prospectus”) and in america pursuant to a registration assertion on Type F-10, as it might be amended on occasion, containing the Complement and A&R Base Shelf Prospectus filed with the U.S. Securities and Change Fee (the “SEC”) in accordance with the Multijurisdictional Disclosure System established between Canada and america.
The Firm intends to make use of the online proceeds of the Providing primarily to fund analysis and improvement actions, basic and administrative bills, working capital wants and different basic company functions, as set out within the Complement.
The Firm’s widespread shares are listed on the Toronto Inventory Change (the “TSX”) and the Nasdaq World Market (“Nasdaq”) beneath the image “BLU”. For the needs of the TSX approval, the Firm intends to depend on the exemption set forth in Part 602.1 of the TSX Firm Handbook, which supplies that the TSX is not going to apply its requirements to sure transactions involving eligible interlisted issuers on a acknowledged change, similar to Nasdaq.
The Complement and the accompanying A&R Base Shelf Prospectus include vital detailed details about the Providing. The Complement and the accompanying A&R Base Shelf Prospectus will be discovered on SEDAR at www.sedar.com and on EDGAR at www.sec.gov . Copies of the Complement and accompanying A&R Base Shelf Prospectus may be obtained from the Firm, by phone at 450-680-4500 or by e-mail at information@bellushealth.com or it’s possible you’ll request them from: Jefferies LLC, Consideration: Fairness Syndicate Prospectus Division, 520 Madison Avenue, 2nd Ground, New York, NY 10022, by phone at 877-821-7388 or by e-mail at prospectus_department@jefferies.com ; or Evercore Group L.L.C., Consideration: Fairness Capital Markets , 55 East 52 nd Road, 35 th Ground, New York, NY 10055, by phone at 888-474-0200 or by e-mail at ecm.prospectus@evercore.com ; or RBC Capital Markets, LLC, Consideration: Fairness Capital Markets, 200 Vesey Road, eighth Ground, New York, New York 10281, by phone at (877) 822-4089 or by e-mail at equityprospectus@rbccm.com . Potential buyers ought to learn the Complement and accompanying A&R Base Shelf Prospectus and the opposite paperwork the Firm has filed earlier than investing resolution.
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No regulatory authority has both accepted or disapproved the contents of this information launch. This information launch shall not represent a proposal to promote or the solicitation of a proposal to purchase, nor shall there be any sale of those securities in any province, state or jurisdiction wherein such supply, solicitation or sale can be illegal previous to the registration or qualification beneath the securities legal guidelines of any such province, state or jurisdiction.
About BELLUS Well being
BELLUS Well being Inc. is a clinical-stage biopharmaceutical firm creating novel therapeutics for the therapy of refractory persistent cough (“RCC”) and different hypersensitization-related problems. The Firm’s product candidate, BLU-5937, is being developed for the therapy of adults with RCC.
Cautionary Be aware Relating to Ahead-‐Wanting Statements
Sure statements contained on this information launch, apart from statements of truth which are independently verifiable on the date hereof, could represent “forward-looking statements” throughout the that means of Canadian securities laws and rules, the U.S. Personal Securities Litigation Reform Act of 1995, as amended, and different relevant securities legal guidelines. Such statements, based mostly as they’re on the present expectations of administration, inherently contain quite a few vital dangers, uncertainties and assumptions, recognized and unknown. On this information launch, such forward-looking statements embody, however aren’t restricted to, statements concerning the Providing, the granting of the choice to buy further shares and the anticipated use of proceeds from the Providing. Completion of the Providing is topic to quite a few components, a lot of that are past BELLUS Heath’s management, together with however not restricted to, market situations, the failure of the events to fulfill sure closing situations and different vital components disclosed beforehand and on occasion in BELLUS Well being’s filings with the securities regulatory authorities in every of the provinces and territories of Canada and the SEC. Precise future occasions could differ from the anticipated occasions expressed in such forward-looking statements. BELLUS Well being believes that expectations represented by forward-looking statements are affordable, but there will be no assurance that such expectations will show to be right. The reader shouldn’t place undue reliance, if any, on any forward-looking statements included on this information launch. These forward-looking statements converse solely as of the date made, and BELLUS Well being is beneath no obligation and disavows any intention to replace publicly or revise such statements because of any new data, future occasion, circumstances or in any other case, until required by relevant securities legal guidelines.
View supply model on businesswire.com: https://www.businesswire.com/information/residence/20211214006371/en/
Contacts
FOR MORE INFORMATION:
Buyers:
Ramzi Benamar
Chief Monetary Officer
rbenamar@bellushealth.com
Media:
Julia Deutsch
Solebury Trout
jdeutsch@soleburytrout.com
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