/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE
OTTAWA, May 13, 2013 /CNW/ - Halogen Software Inc. ("Halogen"), a
leading provider of comprehensive software-as-a-service ("SaaS") talent
management solutions, announced today that it has filed its final
prospectus (the "Prospectus") in each of the provinces and territories
of Canada in connection with the initial public offering and secondary
offering (collectively, the "Offering") of its common shares. The
Prospectus qualifies the distribution of 4,800,000 common shares of
which 4,365,218 common shares will be issued and sold by Halogen and
434,782 common shares will be sold by JMI Equity Fund VI, L.P. at a
price of $11.50 per common share, for total gross proceeds to Halogen
The offering is being co-led by Canaccord Genuity Corp. and Stifel
Nicolaus Canada Inc., with the remaining syndicate of underwriters
being Raymond James Ltd., Cantor Fitzgerald Canada Corporation and
National Bank Financial Inc.
Halogen has also granted the Underwriters an over-allotment option,
exercisable in whole or in part at any time for a period of 30 days
following the closing of the Offering, to purchase, in aggregate, up to
an additional 720,000 common shares exercisable at $11.50 per common
The Offering is expected to close on or about May 17, 2013. Halogen has
received conditional listing approval for the listing of its common
shares on the Toronto Stock Exchange (the "TSX") under the symbol "HGN"
subject to Halogen fulfilling all of the listing requirements of the
A copy of this final prospectus will be available on SEDAR (www.sedar.com).
No securities regulatory authority has either approved or disapproved of
the contents of this news release. The securities being offered have
not been, and will not be, registered under the United States
Securities Act of 1933, as amended, or any state securities laws, and
may not be offered or sold in the United States unless pursuant to an
exemption therefrom. This press release is for information purposes
only and does not constitute an offer to sell or a solicitation of an
offer to buy any securities of Halogen Software in any jurisdiction.
About Halogen Software
Halogen Software offers an organically built cloud-based talent
management suite that reinforces and drives higher employee performance
across all talent programs - whether that is recruiting, performance
management, learning and development, succession planning or
compensation. With over 1,750 customers worldwide, Halogen has been
recognized as a market leader by major business analysts and has
garnered the highest customer satisfaction ratings in the industry.
Halogen Software's powerful, yet simple-to-use solutions, which also
include industry-vertical offerings, are used by organizations that
want to build a world-class workforce that is aligned, inspired and
focused on delivering exceptional results.
SOURCE: HALOGEN SOFTWARE
For further information:
T: 1-800-385-5451 ext. 251
T: 1-800-385-5451 ext. 278