Montréal, July 20, 2021 - The Fonds de solidarité FTQ today announced that on July 20, 2021, it acquired, through the Toronto Stock Exchange, 1,428,571 common shares (“Common Shares”) of IMV Inc. (the “Company”) at a price of US$1.75 per share, including 1,071,429 warrants excercisable for common shares (the “Warrants”) at a price of US$2.10 per share. The total consideration for the transaction is US$2,499,999.
Prior to acquiring the Common Shares, the Fonds de solidarité FTQ beneficially owned 5,111,533 Common Shares and 917,832 Warrants, representing approximately 8.78% of the total number of issued and outstanding common shares. Immediately following the acquisition of the Common Shares, the Fonds de solidarité FTQ beneficially owns 6,540,104 Common Shares and 1,989,261 Warrants, representing approximately 10.15% of the total number of issued and outstanding common shares.
The Fonds de solidarité FTQ has acquired the Common Shares for investment purposes. This investment will be periodically reviewed and the holding may be increased or decreased, as necessary.
An early warning report will be filed on SEDAR (www.sedar.com) under the Company’s profile. To obtain a copy, contact Liette Leduc at 514 916-5664. The Company’s head office is located at 130 Eileen Stubbs Avenue, Suite 19, Dartmouth, Nova Scotia, B3B 2C4.
About the Fonds de solidarité FTQ
The Fonds de solidarité FTQ invests to build a better society by channelling the savings of its 723,501 shareholders into development and risk capital investments to help Québec transition to a green economy, to a human-centred world of work, and to a healthier society. The Fonds offers businesses unsecured financing and strategic support. With $17.2 billion in net assets as at May 31, 2021, the Fonds has supported more than 3,437 partner companies and 247,612 jobs. For more information, visit www.fondsftq.com.
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