Docebo Inc. IPO and Equity Offerings
|Areas||Corporate and Commercial|
Goodmans LLP acted for Docebo Inc. (“Docebo”) (TSX and NASDAQ: DCBO) in connection with a series of transformational capital markets transactions in 2020. Among other things, Goodmans assisted Docebo with:
- · its August 24, 2020 bought deal treasury and secondary offering of common shares for gross proceeds of C$86,250,000;
- · the filing of its short form base shelf prospectus in October 2020 that allows Docebo to issue common shares, preferred shares, debt securities, subscription receipts, warrants and/or units for aggregate proceeds of up to C$750 million; and
- · its December 2020 initial public offering of common shares in the United States on NASDAQ for gross proceeds of C$211million
Docebo was one of Canada’s best performing public companies in 2020, growing from a market capitalization of approximately $460 million in January 2019 to over $2.2 billion by December 2020.