Venture-backed DIRTT files final IPO prospectus

DIRTT Environmental Solutions Ltd, a Calgary-based technology-focused manufacturer of highly-customized interiors, has filed a final prospectus in connection with its forthcoming initial public offering of 15,000,000 common shares at a price of $3.00 per share. The company aims to raise gross proceeds of $45 million. DIRTT has also provided for an over-allotment option of an additional 2,250,000 shares. Founded in 2001, the company is backed by Canadian and U.S. venture capital firms, including Apex Venture Partners, EDC Equity Fund, Expansion Capital Partners, Kayne Anderson Capital Advisors, NGEN Partners and North Sky Capital.

22 November 2013•3 mins read
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