Minden Gross LLP congratulates Neighbourly Pharmacy Inc. on completing its Initial Public Offering (IPO) on May 25, 2021 for total gross proceeds of $175 million and on virtually opening the TSX on June 3, 2021. We wish the entire Neighbourly team ongoing success.
Neighbourly, which commenced trading on the Toronto Stock Exchange (TSX) under the symbol "NBLY" on May 25, 2021, is Canada's largest and fastest-growing network of community pharmacies.
The IPO was led by Scotiabank and RBC Capital Markets as joint active bookrunners and BMO Capital Markets as joint bookrunner, together with a syndicate comprised of National Bank Financial Inc., TD Securities Inc., Desjardins Capital Markets, iA Private Wealth Inc., and HSBC
Minden Gross LLP acts as general counsel for Neighbourly with a team led by Benjamin (Ben) Bloom - Business Law. Ben joined the Neighbourly team to open the TSX.
Read the media release on the closing the IPO here: https://s27.q4cdn.com/317090183/files/doc_news/2021/05/1/(EN)-NBLY-IPO-CLOSE-5.24.21.pdf
Watch them open the TSX: https://www.youtube.com/watch?v=1FPysKwcddY&rel=0