Brompton Lifeco Split Corp. Establishes At-The-Market Equity Program
(TSX: LCS, LCS.PR.A) Brompton Lifeco Split Corp. (the “Fund”) is pleased to announce it has established an at-the-market equity program (“ATM Program”) that allows the Fund to issue class A shares and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively) to the public from time to time, at the Fund’s discretion.
- (TSX: LCS, LCS.PR.A) Brompton Lifeco Split Corp. (the “Fund”) is pleased to announce it has established an at-the-market equity program (“ATM Program”) that allows the Fund to issue class A shares and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively) to the public from time to time, at the Fund’s discretion.
- Sales of Class A Shares and Preferred Shares through the ATM Program will be made pursuant to the terms of an equity distribution agreement dated April 30, 2024 (the “Equity Distribution Agreement”) with RBC Capital Markets (the “Agent”).
- The maximum gross proceeds for distributions under the ATM Program will be $75,000,000 for each of the Class A Shares and Preferred Shares.
- The volume and timing of distributions under the ATM Program, if any, will be determined at the Fund’s sole discretion.