GreenFirst Forest Products Completion of $167.5 Million rights offering

Goodmans LLP represented Senvest Management LLC in connection with GreenFirst Forest Products completion of $167.5 million rights offering.

GreenFirst Forest Products completed its market defining rights offering for gross proceeds of over $167 million. GreenFirst financed its previously announced acquisition by way of long form prospectus rights offering exercisable for subscription receipts. The successful rights offering puts GreenFirst, a business focused on sustainable forest planting and harvesting, on track to close their previously announced acquisition at the end of August.