Coscient plans stock sale

MONTREAL – Coscient Group, Quebec’s largest TV production company, has filed a prospectus with the Quebec Securities Commission to issue 3.7 million class B shares for net proceeds to Montreal-based Coscient of C$16.9 million ($12.5 million).

Of that, $6 million from the public offering will be used to pay the cash portion of the payment for the recent acquisition of Astral Distribution and Astral Programming Enterprises from Astral Communications of Montreal.

“The rest is for strategic acquisitions and internal growth,” said Marie-Christine Dufour, vice president of public affairs at Coscient Group. “We’re looking for complementary acquisitions.”

The share issue is expected to close Dec. 17. Coscient’s shares trade on the Montreal and Vancouver stock exchanges.

More Scene

  • Gracie Awards

    Rita Moreno Celebrates Female Empowerment at Gracie Awards: 'It's About Damn Time'

    MONTREAL – Coscient Group, Quebec’s largest TV production company, has filed a prospectus with the Quebec Securities Commission to issue 3.7 million class B shares for net proceeds to Montreal-based Coscient of C$16.9 million ($12.5 million). Of that, $6 million from the public offering will be used to pay the cash portion of the payment […]

  • global women's rights awards

    Nina Shaw, Laura Dern Stress Importance of Intersectionality in Time’s Up Movement

    MONTREAL – Coscient Group, Quebec’s largest TV production company, has filed a prospectus with the Quebec Securities Commission to issue 3.7 million class B shares for net proceeds to Montreal-based Coscient of C$16.9 million ($12.5 million). Of that, $6 million from the public offering will be used to pay the cash portion of the payment […]

  • 'The Tale' FYC event

    Laura Dern on Impact of 'The Tale' During #MeToo: 'There Is Restorative Justice Here'

    MONTREAL – Coscient Group, Quebec’s largest TV production company, has filed a prospectus with the Quebec Securities Commission to issue 3.7 million class B shares for net proceeds to Montreal-based Coscient of C$16.9 million ($12.5 million). Of that, $6 million from the public offering will be used to pay the cash portion of the payment […]

  • LOS ANGELES, CA - MAY 19:

    'Stranger Things' Team Offers Glimpses Into Season 3 at Netflix FYSee

    MONTREAL – Coscient Group, Quebec’s largest TV production company, has filed a prospectus with the Quebec Securities Commission to issue 3.7 million class B shares for net proceeds to Montreal-based Coscient of C$16.9 million ($12.5 million). Of that, $6 million from the public offering will be used to pay the cash portion of the payment […]

  • 'Pose' TV show premiere

    Ryan Murphy Wants 'Pose' to Be 'Uplifting' for LGBTQ Community in Trump Era

    MONTREAL – Coscient Group, Quebec’s largest TV production company, has filed a prospectus with the Quebec Securities Commission to issue 3.7 million class B shares for net proceeds to Montreal-based Coscient of C$16.9 million ($12.5 million). Of that, $6 million from the public offering will be used to pay the cash portion of the payment […]

More From Our Brands

Access exclusive content