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MCI Onehealth Technologies Inc. Completes Initial Public Offering and TSX Listing

Fasken
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Overview

Client

MCI Onehealth Technologies Inc.

On January 6, 2021, MCI Onehealth Technologies Inc. (“MCI Onehealth”), closed its initial public offering (the "Offering") of 6,000,000 Class A Subordinate Voting Shares (the "Offered Shares") of MCI Onehealth at a price of $5.00 per Offered Share for aggregate gross proceeds of $30,000,000.  The Offered Shares were listed on the Toronto Stock Exchange.

The Offering was completed by a syndicate of underwriters led by Canaccord Genuity Corp., including Echelon Wealth Partners Inc., Stifel Nicolaus Canada Inc., TD Securities Inc., Eight Capital, Haywood Securities Inc. and Clarus Securities Inc. 

MCI Onehealth is a one of the largest primary care networks in Canada with 25 technology enable clinics and virtual care (tele-health) capabilities. 

Fasken acted as counsel to MCI Onehealth with a team that included Garth Foster, John Sabetti, Alex Nikolic, Perry Feldman and Gabriel Lam. 

Jurisdiction

  • Ontario

Team

  • Garth J. Foster, Partner | Mergers & Acquisitions, Toronto, ON, +1 416 868 3422, gfoster@fasken.com
  • John M. Sabetti, Partner | Mergers & Acquisitions, Toronto, ON, +1 416 865 4455, jsabetti@fasken.com
  • Alex Nikolic, Partner | Mergers & Acquisitions, Toronto, ON, +1 416 865 4420, anikolic@fasken.com
  • Perry Feldman, Partner | Capital Markets, Mergers & Acquisitions, Calgary, AB, +1 403 261 5396, pfeldman@fasken.com
  • Gabriel Lam, Associate | Capital Markets, Mergers & Acquisitions, Calgary, AB, +1 403 261 7376, glam@fasken.com