09:54 AM EST, 02/27/2025 (MT Newswires) -- Sienna Senior Living ( LWSCF ) on Thursday completed its previously announced bought deal offering of common shares for gross proceeds of $143.9 million.

The company sold 9.1 million common shares at $15.80 apiece. The proceeds include full exercise of the over-allotment option granted to the underwriters.

Sienna Senior intends to use proceeds to fund its previously announced acquisitions of Wildpine Residence and Cawthra Gardens, and for general corporate purposes.

Shares of the company were last seen flat at $15.62 on the Toronto Stock Exchange.

Price: 15.69, Change: +0.07, Percent Change: +0.45