GreenFirst Forest Products completion of $167.5 million rights offering

Industry: Forestry and lumber

On Aug. 3, 2021, GreenFirst Forest Products completed its rights offering for gross proceeds of over $167 million. GreenFirst financed its previously announced acquisition by way of long form prospectus rights offering exercisable for subscription receipts. The successful rights offering puts GreenFirst, a business focused on sustainable forest planting and harvesting, on track to close its previously announced acquisition at the end of August.

Norton Rose Fulbright Canada LLP represented GreenFirst with a team that included
Walied Soliman,
Trevor Zeyl,
Bruce Sheiner,
Sam Zadeh,
Mark Bissegger,
Kassem Dahrouj,
Steve Suzzan,
Manny Rivera.

Goodmans LLP represented Senvest Management, LLC with a team that included
Brenda Gosselin (securities/corporate),
David Wiseman (banking).