ATS Corporation conducted a secondary offering, announced on March 27, 2024, and closed on April 3, 2024. In this transaction, 3.5 million common shares were offered at C$46.55 per share, amounting to gross proceeds of approximately C$162,925,000. The selling shareholder, Mason Capital Master Fund, L.P., received net proceeds of C$156,408,000 post-underwriter fees of C$6,517,000. ATS Corporation did not receive any proceeds from this sale. Scotia Capital Inc. served as the underwriter, handling the distribution in Canada and the U.S. The transaction included an over-allotment option for an additional 147,000 shares, potentially increasing proceeds by up to C$6,842,850 if fully exercised. Legal counsel involved were Borden Ladner Gervais LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP for ATS, Norton Rose Fulbright Canada LLP and Schulte Roth & Zabel LLP for the selling shareholder, and Stikeman Elliott LLP and Skadden, Arps, Slate, Meagher & Flom LLP for the underwriter?.