Copperleaf completes $161M IPO

Copperleaf completes $161M IPO
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VANCOUVER – Copperleaf Technologies Inc. (TSX: CPLF), a provider of enterprise decision analytics software solutions, announced today the successful closing of its previously announced initial public offering of common shares of the Company. Pursuant to the Offering, Copperleaf issued 10,741,000 Common Shares at a price of $15.00 per Common Share for total gross proceeds of $161,115,000, which includes the exercise in full by the Underwriters of their over-allotment option to purchase up to 1,401,000 additional Common Shares.

The Common Shares are listed on the Toronto Stock Exchange under the symbol “CPLF”.

“Completing this IPO is a significant milestone for Copperleaf and a testament to the hard work of our entire team,” said Judi Hess, CEO of Copperleaf. “The proceeds raised from this listing place us in a strong financial position for continued growth and success as we strive to help companies allocate their resources, time, and funds towards the most valuable areas of their business.”

Copperleaf provides enterprise decision analytics software solutions to companies managing critical infrastructure. They leverage operational and financial data to empower clients to make investment decisions that deliver the highest business value. Copperleaf is a patron of The Institute of Asset Management and actively participates in shaping the future of asset management standards, including ISO 55000. Headquartered in Vancouver, Canada, their solutions are distributed and supported by regional staff and partners worldwide.

 

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