Thursday, April 17, 2014

Lumenpulse Inc. - LMP.t

Lumenpulse Inc. - LMP.t is an innovator and manufacturer of high performance, sustainable architectural LED lighting solutions for commercial, institutional and urban settings.

Lumenpulse currently has 50 patents pending for innovations resulting from intensive investment in R&D.

On April 17, 2014 the company released News

Lumenpulse Inc. (the "Company") announced that it has issued today an additional 937,500 common shares at a price of $16.00 per share, for total gross proceeds of $15 million, pursuant to the exercise in full of the underwriters’ over-allotment option granted by the Company in connection with the initial public offering of its common shares completed on April 15th, 2014. The gross proceeds from the initial public offering, including the over-allotment option, total $115 million.

Led by joint lead bookrunners Canaccord Genuity Corp. and National Bank Financial Inc., the syndicate of underwriters included BMO Nesbitt Burns Inc., Scotia Capital Inc. and Raymond James Ltd.
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