Early Warning Press Release
09 Septembre 2021 - 05:07PM
Critical Solutions Holdings, LLC (“
CSH”), a
company controlled by funds managed by Sentinel Capital Partners,
L.L.C. and/or its affiliates (“
Sentinel” and
together with CSH, the “
Sellers”), announced today
that CSH has sold share consideration of 3,390,000 common shares
(“
Issuer Shares”) in the capital of AirBoss
of America Corp. (the “
Issuer”) by way of block
trades over the facilities of the Toronto Stock Exchange (the
“
Transaction”). The Issued Shares were sold at a
price of $41.00 per Issuer Share. Immediately prior to the
Transaction, the Sellers held 3,500,000 common shares of in the
capital of the Issuer. The remaining 110,000 common shares held by
the Sellers (the "
Remaining Shares") had
previously been reserved for management and will be transferred at
a later date. The Remaining Shares represent less than 1% of the
Issuer’s outstanding common shares.
The Issued Shares were sold for investment purposes. The Sellers
may or may not purchase or sell securities of the Issuer in the
future on the open market or in private transactions, depending on
market conditions, general economic and industry conditions, the
Issuer’s business and financial condition and/or other relevant
factors.
The common shares of the Issuer are listed for trading on the
Toronto Stock Exchange under the symbol “BOS”.
A copy of the early warning report to be filed by the Sellers in
connection with the divestment will be available on AirBoss’
profile on SEDAR at www.sedar.com. For further information please
contact: Paul Murphy, President, 2933 Eisenhower Street, Suite 120,
Carrollton, TX, 75007, telephone: (972)-242-8500.
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