VANCOUVER, BC , Nov. 14,
2023 /CNW/ - Thinkific Labs Inc. ("Thinkific"
or the "Company") (TSX: THNC), a leading platform for
creating, marketing and selling online learning products, announces
that it has obtained a receipt for a final short form base shelf
prospectus ("Final Shelf Prospectus") from the securities
regulators in each province and territory of Canada. This filing replaces the previous base
shelf prospectus of the Company, filed on October 13, 2021.
The Final Shelf Prospectus enables Thinkific to offer up to
C$300 million of subordinate voting
shares, preferred shares, debt securities, warrants, subscription
receipts, and/or units, or any combination thereof (collectively,
the "Securities") from time to time over a 25-month period.
Should Thinkific offer any Securities, it will make a prospectus
supplement available that will include the specific terms of the
Securities being offered.
A copy of the Final Shelf Prospectus may be obtained from
Thinkific, Attention: Corporate Secretary via email at
legal@thinkific.com or under the Company's SEDAR+ profile at
www.sedarplus.ca.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy any securities in any
jurisdiction.
About Thinkific
Thinkific (TSX:THNC) makes it simple for Creator Educators and
established businesses of any size to scale and generate revenue by
teaching what they know. Our Platform gives businesses everything
they need to build, market, and sell digital learning products -
from courses to communities - and to run their business
seamlessly under their own brand, on their own site. Thinkific's
50,000+ active creators earn hundreds of millions of dollars in
direct course, membership and community sales while teaching tens
of millions of students. Thinkific is headquartered in Vancouver, Canada, with a distributed
team.
For more information, please visit www.thinkific.com.
This news release includes forward-looking statements and
forward–looking information within the meaning of applicable
securities laws ("forward-looking statements"). Often, but not
always, forward–looking information can be identified by the use of
words such as "plans", "is expected", "expects", "scheduled",
"intends", "contemplates", "anticipates", "believes", "proposes" or
variations (including negative and grammatical variations) of such
words and phrases, or state that certain actions, events or results
"may", "could", "would", "might" or "will" be taken, occur or be
achieved. Forward-looking statements in this news release include
statements regarding the Company's potential plans for future
offerings and the benefits of any such future offerings. Such
statements and information are based on the current expectations of
Thinkific's management, and are based on assumptions and subject to
risks and uncertainties. Although Thinkific's management believes
that the assumptions underlying these statements and information
are reasonable, they may prove to be incorrect. Except as required
by applicable securities laws, forward–looking statements and
information speak only as of the date on which they are made and
Thinkific undertakes no obligation to publicly update or revise any
forward–looking statement or information, whether as a result of
new information, future events or otherwise.
SOURCE Thinkific Labs Inc.