Callidus Capital Corporation

Equities

CBL

CA13124N1033

Delayed Toronto S.E. Other stock markets			5-day change	1st Jan Change
- ^CAD	-.--%		-.--%	-64.25%

2019	Callidus Announces Completion of Plan of Arrangement	CI
2019	Braslyn Ltd completed the acquisition of an additional 13.3% stake in Callidus Capital Corporation.	CI

Callidus Announces Completion of Plan of Arrangement

November 05, 2019 at 03:50 pm EST

On November 5, 2019, Callidus Capital Corporation announced that it has completed the previously announced plan of arrangement under Section 182 of the Business Corporations Act (Ontario), pursuant to which Braslyn Ltd acquired all of the issued and outstanding common shares in the capital of the Company other than Shares held by Braslyn, certain investment funds managed by The Catalyst Capital Group Inc., FigCorp Ltd., and James Riley for a purchase price of CAD$0.75 per share.

Latest news about Callidus Capital Corporation

Callidus Announces Completion of Plan of Arrangement	19-11-05	CI
Braslyn Ltd completed the acquisition of an additional 13.3% stake in Callidus Capital Corporation.	19-11-04	CI
Callidus Announces Shareholder Approval of Arrangement with Braslyn Ltd.	19-10-31	CI
Callidus Capital Announces Filing of Amended and Restated Management Information Circular and New Meeting Date	19-10-04	CI
Callidus Capital Corporation Announces Termination of David Reese from Former President and Chief Operating Officer	19-09-26	CI
Callidus Capital : shares rise on deal to take troubled lender private	19-08-16	RE
Braslyn Ltd to Acquire Minority-Held Common Shares of Callidus Capital Corporation	19-08-15	CI
Callidus Capital Corporation Reports Earnings Results for the Second Quarter Ended June 30, 2019	19-08-13	CI
Callidus Capital Warns of Losses amid Talks to Take Company Private	19-07-02	CI
Callidus Capital Corporation Reports Earnings Results for the First Quarter Ended March 31, 2019	19-05-15	CI
Tranche Update on Callidus Capital Corporation's Equity Buyback Plan announced on April 16, 2018.	19-05-15	CI
Callidus Capital Corporation's Equity Buyback announced on April 16, 2018, has expired.	19-04-16	CI
Tranche Update on Callidus Capital Corporation's Equity Buyback Plan announced on April 16, 2018.	19-03-31	CI
Callidus Capital Corporation Reports Earnings Results for the Full Year Ended December 31, 2018	19-03-31	CI
Callidus Capital : interim CEO resigns after four months	19-03-11	RE
Callidus Capital Corporation Announces Resignation of Patrick Dalton as Interim Chief Executive Officer	19-03-11	CI
Dunkley Lumber Ltd. completed the acquisition of Foothills Forest Products Inc. and Edgewood Forest Products Inc. from Callidus Capital Corporation.	19-01-30	CI
Callidus Capital Corporation Announces Receipt of Advance Ruling Certificate to Sell Commodity Business of C&C Resources in Significant All-Cash Transaction	19-01-14	CI
Callidus Capital Announces Receipt of Proposal from Braslyn	18-12-06	CI
Braslyn Ltd made a non-binding proposal to acquire additional 13.3% stake in Callidus Capital Corporation for CAD 5.7 million.	18-12-05	CI
Transcript : Callidus Capital Corporation, Q3 2018 Earnings Call, Nov 15, 2018	18-11-15
Callidus Capital Corporation Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018	18-11-13	CI
Tranche Update on Callidus Capital Corporation's Equity Buyback Plan announced on April 16, 2018.	18-11-13	CI
Callidus Capital Corporation Announces the Executive Changes, with the Effect from November 5, 2018	18-10-29	CI
Dunkley Lumber Ltd. signed a letter of intent to acquire Foothills Forest Products Inc. and Edgewood Forest Products Inc. from Callidus Capital Corporation.	18-09-25	CI

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Company Profile

Callidus Capital Corporation (Callidus) is a Canada-based company, which is engaged in providing financing solutions for companies that are unable to obtain financing from lending institutions. The Company operates a finance business that provides senior secured asset-based loans and lending services to mid-market companies operating in Canada and the United States. The Company offers loans ranging in size from $5 million to $100 million. The Company offers a range of facilities, including revolving lines of credit; term loans, including standalone term loans; distressed lending, including debtor in possession (DIP) loans, acquisition funding out of bankruptcy and stalking horse bid funding, and growth oriented financing in support of acquisitions, management buyouts (MBO's), inventory builds, seasonal facilities and purchase order financing. It helps clients by providing liquidity from a company's basket of assets than traditional lenders on a non-dilutive basis.

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