Kits Eyecare (TSE:KITS) has released an update.
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Kits Eyecare Ltd. has successfully completed a secondary offering of common shares, resulting in the sale of over 1.1 million shares owned by key stakeholders, including Roger Hardy, at $10.15 per share. The offering, which did not financially benefit KITS directly, was facilitated by Canaccord Genuity and Beacon Securities. Alongside the offering, a concurrent sale of shares by the spouse of Sabrina Liak was also completed, with insiders continuing to hold approximately 75% of the company’s shares.
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