The logistics and global trade software provider Descartes said Tuesday it raised $147.5 million in sales of common shares in the United States and Canada over the past week.
The amount raised includes extra proceeds of $19.2 million due to the sale of 1.4 million additional shares. The shares were priced at $13.50, with the proceeds aimed at helping the company pay debt and make acquisitions.
Descartes raises nearly $150 million in share sale