GFL files registration statement and preliminary prospectus for initial public offering
GFL Environmental Inc. (together with GFL Environmental Holdings Inc., "GFL") announced last week the filing of a registration statement on Form F-1 with the U.S. Securities and Exchange Commission ("SEC") and a preliminary base PREP prospectus with the securities regulatory authorities in each of the provinces and territories of Canada ("Canadian Regulators") for a proposed initial public offering ("IPO") of subordinate voting shares concurrently in the United States and Canada. The number of shares to be offered and the price range for the IPO have not yet been determined.
The registration statement relating to the proposed IPO has been filed with the SEC but has not yet become effective. The preliminary base PREP prospectus contains important information relating to the subordinate voting shares and is still subject to completion or amendment. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective and a receipt for the final base PREP prospectus has been issued by the Canadian Regulators.
No securities regulatory authority has either approved or disapproved of the contents of this news release. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of GFL, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.