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Quarterhill Inc(QTRH-T)
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Quarterhill Announces Completion of $57.5 Million Bought Deal Public Offering of Convertible Debentures

PR Newswire - Wed Oct 27, 2021

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./

TORONTO, Oct. 27, 2021 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX:QTRH.TO) (OTCQX: QTRHF), is pleased to announce that it has completed its previously announced offering (the "Offering") of 6.00% convertible unsecured subordinated debentures (the "Debentures") due October 30, 2026, at a price of $1,000 per Debenture for total gross proceeds of $57,500,000, which included the full exercise of the over-allotment option by the underwriters.

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