Magnetar offers US$0.101 per share for Invesque stock

Published on 10/16/2026 at 01:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The US$0.101 offer values Invesque stock at a 68 percent premium to September 29, 2026. A shareholder vote is expected by November 20, 2026.

Go-private vote and asset sales

Invesque offered minority holders US$0.101 per share on October 1, 2026, a 68 percent premium.
Invesque had four senior housing properties and a loans receivable portfolio on October 1, 2026.
Shareholders are expected to vote on the arrangement by November 20, 2026.

INV, CA46136U1030, Illustration mit AI erstellt.

Invesque Inc. (CA46136U1030) agreed to a go-private transaction offering minority holders US$0.101 per share, a 68 percent premium to the September 29, 2026 closing price, according to Invesque on October 1, 2026. The proposal places the company on a path toward delisting from the Toronto Stock Exchange.

Magnetar sets the transaction terms

A special purpose entity managed by Magnetar Financial LLC would acquire the common shares not already held by Magnetar-managed funds. The cash consideration also represented a 30 percent premium to Invesque's 20-day volume-weighted average trading price through September 29, 2026, according to Invesque.

Magnetar funds controlled 731,433,131 shares, or 80.1 percent of Invesque's outstanding shares, when the agreement was signed. The company said it had four senior housing properties and a portfolio of loans receivable, while three properties were subject to sale agreements targeted for completion before December 31, 2026.

What must shareholders approve?

The arrangement requires court approval and at least two-thirds of votes cast at the special meeting. It also requires a simple majority of votes cast by shareholders excluding Magnetar-managed funds, according to Invesque. That structure makes the minority vote a central condition even though Magnetar already controls most outstanding shares.

Vote date and closing timetable

Invesque anticipated calling the shareholder meeting on or before November 20, 2026. Closing was expected by the end of 2026 and no later than January 31, 2027, subject to customary conditions and approvals.