12:45 PM EDT, 05/16/2025 (MT Newswires) -- Pet Valu Holdings ( PTVLF ) on Friday said the $150 million secondary bought deal offering has been closed and all proceeds have been paid directly to the selling shareholders.

The company separately purchased two-million shares from the selling shareholders for cancellation.

The selling shareholders now own 21 million Pet Valu ( PTVLF ) shares, representing a 30% stake in the company.

Pet Valu ( PTVLF ) shares were last seen up $0.07 to $28.85 on the Toronto Stock Exchange.

Price: 28.85, Change: +0.07, Percent Change: +0.24