/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/
RICHMOND HILL, ON, June 2, 2017 /CNW/ - Mundo Inc. ("Mundo" or the "Company"), a leader in online performance based advertising announced today that it has filed a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada, in connection with a proposed initial public offering (the "Offering") of common shares (the "Common Shares") from treasury. The number of Common Shares to be sold and the price per Common Share have not yet been determined. A copy of the preliminary prospectus is available on SEDAR (www.sedar.com).
The Offering will be made through a syndicate of underwriters, led by Canaccord Genuity Corp. and Cormark Securities Inc. as co-lead underwriters and joint bookrunners.
The preliminary prospectus has not yet become final for the purpose of the sale of securities and is subject to completion or amendment. The Common Shares may not be sold until a receipt for a final prospectus is obtained from the securities regulatory authorities.
No securities regulatory authority has either approved or disapproved of the contents of this news release. The Common Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws. Accordingly, the Common Shares may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to exemptions from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of Mundo in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Mundo is a leading global, online, performance-based advertising technology company. Mundo leverages billions of user specific data points to efficiently acquire and retain mobile and desktop customers for advertisers, while generating monetization channels for publishers. Mundo's solution, which is powered by its proprietary cloud-based MUNDOCore platform, uses predictive software algorithms to drive user engagement by optimally pairing publisher traffic with advertiser campaigns.
SOURCE Mundo Inc.
For further information: Ross Marshall, Investor Relations, [email protected], T: (416) 526-1563