B C s billion-dollar debut: Thinkific surpasses rare valuation milestone as online course platform s stock soars on IPO theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Thinkific aims to raise $160 million CAD through TSX IPO
Vancouver’s Thinkific Labs is looking to raise $160 million CAD through its upcoming initial public offering (IPO) on the Toronto Stock Exchange (TSX).
The software-as-a-service (SaaS) startup plans to issue between 12.3 million and 14.6 million subordinate voting shares, priced between $11 to $13 per share, according to documents filed Monday. The offering is set to value Thinkific at $750 million, according to The Globe and Mail.
The SaaS startup said it has experienced significant growth over the past few years, including during COVID-19.
Thinkific initially filed to go public three weeks ago, applying to trade on the TSX under the symbol ‘THNC.’ The company plans to use the proceeds from its IPO to invest in sales and marketing, its platform, and other unspecified “future opportunities.”
Vancouver’s Thinkific proceeding with $160-million offering despite market unease for new tech IPOs Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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Vancouver’s Thinkific Labs Inc. is proceeding with a planned initial public offering on the Toronto Stock Exchange despite recent market wobbliness for new Canadian issues, saying Monday it plans to raise $160-million in an IPO that would value the provider of a platform for online courses at more than $750-million.
Freight Club’s carbon offset initiative takes root
Growing logistics platform pledges to offset 100% of CO2 emissions Image: Jim Allen/FreightWaves & Shutterstock
The last year has given new meaning to the term disruption. As we slowly recover from the tumult of the COVID-19 pandemic, many are thinking about old challenges in innovative ways and cultivating a new vision for moving forward. Seizing the moment is the fast-growing logistics platform Freight Club. The British Columbia-based company is taking proactive measures to offset pollution in the coming post-COVID freight landscape.
Freight Club enables shippers to quote and book less-than-truckload (LTL) and parcel shipments at enterprise rates through its fully integrated shipping platform. The platform’s extensive carrier network connects shippers with a vast network of full-truck and LTL carriers, plus ground, parcel and white-glove delivery providers.
Who: Relic Entertainment is an award-winning developer of genre-defining games like Homeworld, Dawn of War, Company of Heroes, and Age of Empires IV. They have a culture of kindness, transparency, and play. They are a diverse group with a common goal to grow, personally and professionally. Relicans
organize movie nights, game tournaments, life drawing, community and charity events, and more. Basically, they believe that good work starts with a community you’re excited to spend your day with, both in and out of the studio.
Jobs: They are hiring for a variety of technical roles, including Rendering, Gameplay,
Perks: Relic benefits include an extended benefits package, access to free counselling and support programs for employee mental health and wellness, RRSP/DPSP matching program (subject to eligibility requirements), and discounts to local businesses in the area. They offer paid volunteer days, generous paid time off (as well as studio closures over the Holidays