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TDb Split Corp. At-The-Market Equity Program Renewed
Globenewswire· 2026-01-22 14:00
Core Viewpoint - TDb Split Corp. has renewed its at-the-market equity program, allowing the issuance of shares until February 21, 2028, with a maximum gross proceeds target of $75 million [1][2]. Group 1: ATM Program Details - The renewed ATM Program replaces the previous program established in December 2023 and allows the company to issue Class A Shares and Priority Equity Shares at prevailing market prices [1][2]. - Sales will occur through the Toronto Stock Exchange or other Canadian marketplaces, with the distribution governed by an equity distribution agreement with National Bank Financial Inc. [1][2]. - The program is offered under a prospectus supplement dated January 21, 2026, linked to the company's short form base shelf prospectus dated January 20, 2026 [2]. Group 2: Use of Proceeds - Proceeds from the ATM Program will be utilized in alignment with the company's investment objectives and strategies, adhering to its investment restrictions [3]. - The company primarily invests in common shares of Toronto-Dominion Bank, a prominent Canadian financial institution [3].