TSX:MDAAerospace & Defense
Assessing MDA Space’s Valuation After Its US$341 Million Equity Raise For Growth And Acquisitions
Why MDA Space’s latest equity raise matters for investors
MDA Space (TSX:MDA) recently completed a marketed public offering of common shares, with underwriters exercising an over allotment option that lifted total gross proceeds to approximately US$341 million.
The company plans to put this fresh capital toward growth initiatives, expanding its customer base and solutions, and potential acquisitions or investments, while also keeping the door open to using some funds for general corporate...