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Acasti Pharma completes C$27.6 million common share offering

Fasken
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Overview

Client

Mackie Research Capital Corporation

On October 23, 2018, Acasti Pharma Inc. (NASDAQ:ACST) (TSXV:ACST) (the “Company” ) closed an underwritten public offering of Class A Shares (“Common Shares”) of the Company at a price of $1.28 per Common Share for aggregate gross proceeds to the Company of $27,600,000 pursuant to an underwriting agreement dated October 4, 2018 with Mackie Research Capital Corporation (the “Underwriter”), as sole bookrunner and Underwriter.
 
Fasken advised Mackie Research Capital with a team led by Richard Steinberg and Jessica Catton Rinaldi and including Florind Polo, Laura Konkel (Securities/Corporate), Armand Benitah, Roxana Monemdjou (Intellectual Property), Timothy Squire, Mark Vanderveken (Regulatory), Mitchell Thaw (Tax), Jordana Keslassy and Gurinder Gujral (Articling Student).

Team

  • Richard J. Steinberg, Partner, Toronto, ON, +1 416 865 5443, rsteinberg@fasken.com
  • Armand M. Benitah, Partner | Patent Agent | Trademark Agent, Toronto, ON, +1 416 868 3470, abenitah@fasken.com
  • Timothy M. Squire, Partner | CO-LEADER, LIFE SCIENCES, Toronto, ON, +1 416 868 3462, tsquire@fasken.com
  • Mark Vanderveken, Associate, Toronto, ON, +1 416 943 8927, mvanderveken@fasken.com
  • Gurinder (Gigi) Gujral, Associate, Toronto, ON, +1 416 868 3431, ggujral@fasken.com