Canadian IPOs

Company Name : BOS Solutions Holdings Inc.
 Company Profile
Filing Date : 3/13/2017
Offering : $90,000,000
Price : $11.00 - $14.00 per share
Closing Date : week of May 1, 2017
Exchange : TSX
Eligibility : British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador

Underwriters :
CIBC World Markets Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., TD Securities Inc., AltaCorp Capital Inc., HSBC Securities (Canada) Inc., Peters & Co. Limited, Raymond James Ltd.
Associations :
Issuer's Law Firm : Norton Rose Fulbright Canada LLP
Underwriter's
Law Firm :
Blake, Cassels & Graydon LLP
Auditor : Deloitte LLP
Transfer Agent : Computershare Trust Company of Canada

Business Description :
BOS Solutions is a North American provider of customizable and scalable liquids-solids separation services. The Company's proprietary processes and technologies recycle fluids, reduce associated waste for disposal and provide customers with an environmental solution that lowers all-in project costs. BOS provides liquids-solids separation services to the oilfield industry ("BOS Oilfield") and to other industrial markets ("BOS Integrated Services"). BOS provides customizable solids control solutions by utilizing a combination of equipment configurations, in-house engineering services, data analytics capabilities and patented technologies.

In the energy industry, BOS Oilfield provides a proprietary process that is designed to significantly reduce the costs associated with drilling oil and gas wells by recycling the drilling fluid that is continuously used in the drilling process and reducing the volume of drilling waste for disposal. Additionally, the liquids-solids separation process yields a higher quality drilling fluid with less solids suspended in the liquid, which allows for faster drilling and reduces the abrasive wear on downhole equipment.

BOS Integrated Services provides a similar solution for industries such as construction, trenchless technology (i.e. horizontal directional drilling or "HDD"), remediation, industrial, agricultural and municipal. Many of the same costsaving benefits and efficiencies realized by BOS Oilfield customers are also captured by customers in industrial applications where fluid recycling, reduced waste disposal and environmental factors are important. BOS Integrated Services uses the same equipment and processes as BOS Oilfield to perform such services.

 
Industry Category :Oil/Gas Services
 
Company Financials :
Fiscal Year-End :December 31
Financials :Revenue for the year ended December 31, 2016 - $51,988,000
Net loss for the year ended December 31, 2016 - $(20,140,000)

Revenue for the year ended December 31, 2015 - $90,822,000
Net loss for the year ended December 31, 2015 - $(83,093,000)

 
Disclaimer: A preliminary prospectus, and any amendments thereto, relating to these securities has been filed with securities commissions in certain provinces, but has not yet become final for the purpose of distribution to the public. This web page shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale or any acceptance of an offer to buy these securities prior to the time a receipt for the final prospectus or other authorization is obtained from the securities commission.


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