202015 Sep
Shopify Launches Offerings of Class A Subordinate Voting Shares and Convertible Senior Notes
Type
New Products
Companies
Source
Businesswire
Summary

Shopify expects to use the net proceeds from the Offerings to strengthen its balance sheet, providing flexibility to fund its growth strategies. Shopify is a leading global commerce company, providing trusted tools to start, grow, market, and manage a retail business of any size. Headquartered in Ottawa, Canada, Shopify powers over one million businesses in more than 175 countries and is trusted by brands such as Allbirds, Gymshark, Heinz, Staples and many more. Although Shopify believes that the assumptions underlying these forward-looking statements are reasonable, they may prove to be incorrect, and readers cannot be assured that either or both of the Offerings discussed above will be completed on the terms described above. Completion of the proposed Offerings are subject to numerous factors, many of which are beyond Shopify’s control, including but not limited to, the failure of customary closing conditions and other important factors disclosed previously and from time to time in Shopify’s filings with the SEC and the securities commissions or similar securities regulatory authorities in each of the provinces or territories of Canada.

Classifications
  • Retail
  • Point of Sale (POS)
  • E-Commerce & Retail
  • Payment Processing
  • Fintech & Banking