Farmer’s Edge Inc. (TSX: FDGE) is a Winnipeg based agriculture technology company that provides farmers with a slate of services that includes land optimization, field agronomy, soil and yield analysis, digital connectivity, and local weather surveillance. The company serves clients in Canada, the U.S., Brazil, and Europe. On February 24, Farmer’s Edge filed an Initial Public Offering (IPO) of 7.35 million shares at $17/share thus raising CAD$125 million. The first day of trading saw shares surge by 17.5% to close at $19.89 on the Toronto Stock Exchange.
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By Charles Marleau CIM® and William Mitchell CIM®
By Charles Marleau CIM® and William Mitchell CIM®
