Pluribus Technologies

Canaccord Genuity Acts as Lead Bookrunner to Pluribus Technologies Inc. on its C$25 Million RTO

Canaccord Genuity is pleased to announce that on January 13, 2022, it completed its previously announced brokered and non-brokered private placement financing (the "Offering") of subscription receipts (the "Subscription Receipts") for Pluribus Technologies Inc. (“Pluribus“, the “Company“) (TSX-V: PLRB). An aggregate of 3,703,704 subscription receipts (the "Subscription Receipts") were issued at a price of $6.75 per Subscription Receipt (the "Issue Price") for gross proceeds of approximately C$25.0 million.  Pluribus common shares began trading on the TSV Venture Exchange under the ticker symbol “PLRB” on January 19, 2022.

Canaccord Genuity acted as Lead Bookrunner for the offering. This marks the third transaction we have completed for Pluribus in the past two years.

Pluribus is a value oriented technology company that acquires small, profitable business-to-business software companies in a range of verticals and industries. Pluribus provides experienced sales and marketing resources, strategic partnerships and enabling technologies including automation, self-service and artificial intelligence/machine learning to create new revenue streams and enable companies to grow into significant organizations in their respective markets.

The Canaccord Genuity team included Myles Hiscock, Balraj Parhar and Jack Xia from Investment Banking, Jason Sleeth and Max McLernon from Originations and Sandy Delaney from Equity Capital Markets.

Canaccord Genuity LLC, Member FINRA/SIPC. Canaccord Genuity Corp., Member IIROC/Canadian Investor Protection Fund. Canaccord Genuity Limited, Authorized and Regulated by the Financial Conduct Authority, Member LSE. canaccordgenuity.com | © 2022 Canaccord Genuity