Aritzia announces $73 million secondary offering of shares

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14 Feb 2025

On February 28, 2025, Aritzia Inc. (Aritzia) closed its secondary offering of 1,045,000 subordinate voting shares held by Brian Hill, Founder and Executive Chair of Aritzia, together with certain entities owned and/or controlled directly or indirectly by him, or him and his immediate family. The offering was completed on a bought deal basis through a syndicate of underwriters led by CIBC Capital Markets and including Canaccord Genuity Corp. The total gross proceeds to the selling shareholders were $72,993,250.

Osler, Hoskin & Harcourt LLP advised Aritzia on the secondary offering with a team consisting of Amelia Miao, Wesley Cohen and Jessie Armour (Corporate) and Timothy Hughes and James Chang (Tax). Blake, Cassels & Graydon LLP advised the underwriters.

Parties

Company

Aritzia Inc.

Law Firm / Organization

Osler, Hoskin & Harcourt LLP

Lawyer(s)

Bank

CIBC Capital Markets

Law Firm / Organization

Blake, Cassels & Graydon LLP

Company

Canaccord Genuity Corp.

Law Firm / Organization

Blake, Cassels & Graydon LLP

Deal Type

Public/Private Offering

Industry

Infrastructure

Transaction

$ 72,993,250

Deal Status

Closed

Closing Date

28 February 2025