Kits Eyecare Completes Filing for Secondary Share Offering

Kits Eyecare (TSE:KITS) has released an update.

Kits Eyecare Ltd., a prominent digital eyecare provider, has completed the filing for a secondary offering of common shares at $10.15 each, aiming to raise over $11 million for the selling shareholders, without generating proceeds for the company itself. An over-allotment option could potentially raise an additional $1.7 million if fully exercised. The offering is expected to close by September 26, 2024, subject to standard closing conditions.

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