28 Feb 2025
Aritzia announces $73 million secondary offering of shares
On February 28, 2025, Aritzia Inc. (Aritzia) closed its secondary offering of 1,045,000 subordinate voting shares held by Brian Hill, Founder and Executive Chair of Aritzia, together with certain entities owned and/or controlled directly or indirectly by him, or him and his immediate family. The offering was completed on a bought deal basis through a syndicate of underwriters led by CIBC Capital Markets and including Canaccord Genuity Corp. The total gross proceeds to the selling shareholders were $72,993,250.
Osler, Hoskin & Harcourt LLP advised Aritzia on the secondary offering with a team consisting of Amelia Miao, Wesley Cohen and Jessie Armour (Corporate) and Timothy Hughes and James Chang (Tax).
