Dialogue Health announces record revenues in its third quarter, 2021
Dialogue Health Technologies posted record revenues while its total comprehensive loss increased slightly in the three months…
Markets
OpenText to acquire Zix in $860 million deal meant to bolster Microsoft relationship
Kitchener-Waterloo software company OpenText has reached an agreement to acquire Texas-based Zix in a deal worth $860 million…
Sharethrough postpones TSX debut amid Canadian tech IPO market struggles
Montréal-based Sharethrough has postponed its initial public offering (IPO) on the Toronto Stock Exchange. The ad exchange…
Despite reduced offering, D2L founder says public markets present “tremendous opportunity” for tech firms
Fresh off of a recent IPO, John Baker, the founder, president and CEO of D2L, reflected on his firm’s move from a private…
Coveo latest Canadian tech company to file for TSX IPO
Québec City-based artificial intelligence (AI) retail tech startup Coveo has filed to go public on the Toronto Stock Exchange…
Lightspeed posts record revenues in second quarter of fiscal 2022
Lightspeed announced total revenues of $133.2 million USD (165.4 million CAD), for its second quarter 2022, an increase of…
D2L, E Automotive make their Toronto Stock Exchange debuts
Two Canadian tech companies, D2L and E Automotive, began trading on the Toronto Stock Exchange (TSX) today. Kitchener-Waterloo-based…
CoinSmart begins trading on Neo Exchange following regulatory exemption for crypto platform
Toronto-based cryptocurrency exchange CoinSmart began trading on the NEO Exchange on November 2 after completing a takeover…
Sonder lowers valuation expectations for SPAC deal amid market conditions
As part of its reverse takeover deal, travel tech company Sonder has changed its valuation from its original estimate of $2.2…
Lumira Ventures latest Canadian VC to jump on SPAC trend in pursuit of US medtech firms
A newly formed special purpose acquisition company (SPAC) with executives from and backed by Canada’s Lumira Ventures set…
D2L cuts size, pricing of TSX IPO
Kitchener-Waterloo-based e-learning software company D2L has reduced the size and pricing of its planned initial public offering…
Shopify increases revenues and gross profits, posts operating loss in Q3 2021
Shopify posted total revenue of $1.12 billion, up 46 percent year-over-year as it announced its third-quarter results for 2021.…
Hootsuite plans to IPO before Christmas, raise $200 million on TSX
Hootsuite is finalizing its preparations to go public on the Toronto Stock Exchange before the end of the year, BetaKit has…
Q4 Inc. CEO downplays IPO concerns after going public, sets sights on M&A to fuel growth
Despite downsizing its offering and experiencing an underwhelming Toronto Stock Exchange (TSX) debut, Q4 Inc. is not deterred,…
Magnet Forensics files for $950 million CAD offering for “financing flexibility”
The digital investigation software startup Magnet Forensics has filed a preliminary short form base shelf prospectus and is…