December 2020
Haivision
Canaccord Genuity Acts as Lead Left Bookrunner for Haivision Systems Inc. on its C$34.5 Million Initial Public Offering on the TSX
Canaccord Genuity is pleased to announce that on December 16, 2020, it completed an initial public offering (“IPO”), for Haivision Systems Inc. (“Haivision” or the “Company”) (TSX:HAI) for gross proceeds of C$34.5 million. The Company intends to use the net proceeds from the offering to fund strategic acquisitions and accelerate other organic growth initiatives.
Haivision is a leading provider of mission-critical, real-time video streaming and networking solutions. Its connected cloud and intelligent edge technologies enable global organizations to engage audiences, enhance collaboration, and support decision making by providing high quality, low latency, secure, and reliable live video to anyone, on any device. Founded in 2004, Haivision is headquartered in Montreal and Chicago with offices, sales, and support located throughout the Americas, Europe, and Asia.
Canaccord Genuity acted as lead left bookrunner for the transaction. The Canaccord Genuity team included Myles Hiscock, Oliver Yang, Karl Keseris and Romain Decarie from Investment Banking, Jason Melbourne and Sapna Murthy from Equity Sales and Len Sauer and Kylie Lee from Equity Capital Markets.