DIRTT Environmental Solutions Ltd. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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CURRENT REPORT
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Item 8.01 Other Events.
On January 9, 2024, DIRTT Environmental Solutions Ltd. (the “Company”) issued a press release announcing the final results of its previously announced C$30.0 million rights offering (the “Rights Offering”). In connection with the Rights Offering, subscription rights were exercised for aggregate gross proceeds of C$30.0 million, resulting in the issuance of an aggregate of 85,714,285 common shares of the Company (“Common Shares”) at a subscription price of C$0.35 per whole Common Share. As the Rights Offering was fully subscribed, no Common Shares were issued pursuant to the previously disclosed Standby Purchase Agreement, dated November 20, 2023, by and among the Company, 22NW Fund, LP, 726 BC LLC, 726 BF LLC and WWT Opportunity #1 LLC. After the closing of the Rights Offering, the Company has 191,091,952 Common Shares outstanding.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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Description |
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99.1 |
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104 |
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Cover Page Interactive Data (embedded within the Inline XBRL document). |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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DIRTT Environmental Solutions Ltd. |
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Date: |
January 9, 2024 |
By: |
/s/ Fareeha Khan |
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Fareeha Khan |
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