Novanta Inc. Announces $300 Million Private Placement

This section is Partnership Content supplied by Business Wire Article content Article content BOSTON — Novanta Inc. (“Novanta” or the “Company”) announced today that it has entered into a securities purchase agreement for a private placement of the Company’s common shares (“Common Shares”) to institutional and other accredited investors that is expected to result in gross proceeds of approximately $300 million to the Company, before placement agent fees and offering expenses. Article content Article content Pursuant to the terms of the securities purchase agreement, the investors agreed to pur…