Exchange Bulletin

Haivision Systems Inc. (HAI) To Trade On Toronto Stock Exchange

December 14, 2020
Issuer: Haivision Systems Inc. (the "Company")
Security: Common shares (the "Common Shares")
Symbol: HAI
Issue price per security: $6.00
Number of securities issued and outstanding: 25,862,019
Number of securities reserved for issuance: 4,629,302
Listing category: Industrial, Exempt
Trading currency: CDN $
Transaction: Initial public offering of Common Shares (the "Offering")
Listing date: December 15, 2020 (as at 5:01 p.m.) in anticipation of closing of the Offering
Anticipated closing date: December 16, 2020 (prior to the opening)
Posted for trading date: December 16, 2020 (at the opening) subject to confirmation of closing of the Offering
Other market(s): None
Temporary market maker: Independent Trading Group (ITG) Inc.
Security ownership registration: Certificated Issue
Investor relations: Dan Rabinowitz
Tel.: (847) 922-2474
Miroslav (Mirko) Wicha
Tel.: (514) 334-5445
Incorporation: Canada Business Corporations Act on April 26, 2004
Fiscal year end: October 31
Nature of business: The Company is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally.
Transfer agent and registrar: Computershare Investor Services Inc. at its principal office in Montréal
Dividends: The Company does not currently anticipate paying dividends on its Common Shares.
Sponsorship: Not applicable
Disclosure document: Final prospectus dated December 9, 2020, which is available at Capitalized terms not otherwise defined herein are as defined in the disclosure document.
Initial public offering: The Offering will be comprised of a treasury offering by the Company of 5,000,000 Common Shares, at an Offering price of $6.00 per Common Share (the "Offering Price") for gross proceeds of $30,000,000 to the Company. In addition, the Company has granted the Underwriters an over-allotment option pursuant to which the Underwriters may purchase up to 750,000 additional Common Shares at the Offering Price.
TSX contact: Chris Birkett,
Managing Director,
Toronto Stock Exchange