WELL Health Technologies Corp. Completes $80.5 Million Bought Deal Prospectus Offering

October 22, 2020

WELL Health Technologies Corp. (TSX: WELL) completed a bought deal prospectus offering of common shares for gross proceeds of $80,512,650. The offering was conducted by a syndicate of underwriters co-led by Eight Capital and Stifel GMP, and including Scotiabank, Canaccord Genuity Corp., Desjardins Securities Inc., Laurentian Bank Securities Inc., PI Financial Corp., Beacon Securities Limited, Echelon Wealth Partners Inc., Haywood Securities Inc. and Paradigm Capital Inc.

WELL is an omni-channel digital health company leveraging the latest trends in digital health. WELL owns and operates 20 primary healthcare clinics, is Canada's third largest digital Electronic Medical Records (EMR) supplier serving over 2,000 medical clinics, operates a leading national telehealth service and is a provider of digital health and cybersecurity related technology solutions. WELL was recognized as a TSX Venture 50 Company three years in a row in 2018, 2019 and 2020.

Wildeboer Dellelce LLP acted for the Underwriters in connection with the offering with a team comprised of Perry Dellelce, Michael Rennie, Carlye Bellavia and Julian Lupo (corporate/securities) and Katy Pitch and Marija Tasevska (tax).