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Magnet Forensics increases TSX IPO target, aiming to raise $100 million

Magnet Forensics increases TSX IPO target, aiming to raise $100 million
Kitchener-Waterloo’s Magnet Forensics is now looking to raise just over $100 million CAD through its upcoming initial public offering (IPO) on the Toronto Stock Exchange (TSX), according to the company’s latest securities filings.
The cybersecurity software startup filed its final prospectus earlier today. The new target represents a more than $10 million increase from the company’s initial goal of $90 million, as outlined by its preliminary prospectus, which it filed on April 15. BetaKit has reached out to Magnet Forensics to confirm the revised target, but has yet to receive a response by publication. ....

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Magnet Forensics soars in trading debut of first Waterloo tech company to public in 15 years

Just $1.99per week for the first 24weeks Just $1.99per week for the first 24weeks var select={root: .js-sub-pencil ,control: .js-sub-pencil-control ,open: o-sub-pencil open ,closed: o-sub-pencil closed },dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener( click ,onToggleClicked),setPanelState(e),window.addEventListener( scroll ,onWindowScroll),dom.root.removeAttribute( hidden ))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o? add : remove ](select.open),dom.root.classList[o? remove : add ](select.closed),dom.control.setAttribute( aria-expanded ,o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0=== ....

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Magnet Forensics boosts deal size after first Waterloo IPO in 15 years meets strong investor demand: sources

Magnet Forensics boosts deal size after first Waterloo IPO in 15 years meets strong investor demand: sources
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.

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Experts Call for Removing Red Tape, Reforming Competition Laws to Boost Canada's Competitiveness

Experts Call for Removing Red Tape, Reforming Competition Laws to Boost Canada's Competitiveness
theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.

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Federal government looks to "punch our way out of the COVID recession" with #Budget2021

Federal government looks to “punch our way out of the COVID recession” with #Budget2021
The federal government has published its Budget 2021, which focuses on addressing the third wave of the pandemic and economic recovery. The commitments include targeted funding towards the tech and innovation sector as a way to support that recovery.
The Government of Canada called the budget “a plan to bridge Canadians and Canadian businesses through the crisis and towards a robust recovery.” Proposals include extending business and income support measures through to the fall and investments to create jobs. The Budget also includes plans to accelerate investment in the digital transformation of small and medium-sized businesses, and a focus on cleantech and creating inclusive workplaces, the latter of which includes a proposal to establish a $15 federal minimum wage. ....

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