{"success":true,"data":{"pressRelease":{"id":"125060","rtpr_id":"nGNX3nKC8R","ticker":"NPS","exchange":"TSX","all_tickers":["NPS"],"title":"Canadian Large Cap Leaders Split Corp. Completes Overnight Offering of Preferred Shares and Class A Shares","author":"Globe Newswire","published_at":"2026-08-21T13:29:46.109Z","article_body":"[Not for distribution to U.S. newswire services or for dissemination in the\nUnited States.]\n\nTORONTO, Aug. 21, 2026 (GLOBE NEWSWIRE) -- (TSX: NPS.PR.A, NPS) – Canadian\nLarge Cap Leaders Split Corp. (the “Company”) is pleased to announce that\nit has completed the overnight offering of 1,675,300 Preferred Shares and\n1,155,300 Class A Shares of the Company (the “Offering”). The Offering\nraised total gross proceeds of $34,446,500.\n\nThe Preferred Shares and Class A Shares issued in the Offering will begin\ntrading on the Toronto Stock Exchange under the existing symbols of NPS.PR.A\nand NPS, respectively.\n\nThe Preferred Shares were offered at a price of $10.70 per Preferred Share and\nthe Class A Shares were offered at a price of $14.30 per Class A Share. The\nOffering was made through a syndicate of agents led by National Bank Financial\nInc.\n\nThe net proceeds of the Offering will be used to invest, on an approximately\nequally-weighted basis, in a portfolio comprised primarily of equity\nsecurities of Canadian Dividend Growth Companies (as defined below), selected\nby the portfolio manager, that at the time of investment and immediately\nfollowing each periodic reconstitution and rebalancing: (i) are listed on a\nCanadian exchange; (ii) pay a dividend; (iii) generally have a market\ncapitalization of at least $10 billion; (iv) have options in respect of its\nequity securities that, in the opinion of the portfolio manager, are\nsufficiently liquid to permit the portfolio manager to write options in\nrespect of such securities; and (v) have a history of dividend growth or, in\nthe portfolio manager’s view have high potential for future dividend growth\n(“Canadian Dividend Growth Companies”).\n\nAbout Ninepoint Partners LP\n\nNinepoint Partners LP is the Manager, Portfolio Manager and Promoter of the\nCompany and provides all administrative services required by the Company.\nBased in Toronto, Ninepoint Partners LP is one of Canada’s leading\nalternative investment management firms overseeing approximately $8 billion in\nassets under management and institutional contracts. Committed to helping\ninvestors explore innovative investment solutions that have the potential to\nenhance returns and manage portfolio risk, Ninepoint offers a diverse set of\nalternative strategies spanning Equities, Fixed Income, Alternative Income,\nReal Assets, F/X and Digital Assets.\n\nFor more information on Ninepoint Partners LP, please\nvisit www.ninepoint.com or please contact us at 416.362.7172, or\n1.888.362.7172 or invest@ninepoint.com.\n\nThe Offering was made by a prospectus supplement dated August 14, 2026, to the\nCompany’s short form base shelf prospectus dated May 28, 2026 (collectively,\nthe “Prospectus”). The Prospectus contains important detailed information\nabout the Preferred Shares and Class A Shares being offered. Copies of the\nProspectus may be obtained from your registered financial advisor using the\ncontact information for such advisor, or from representatives of the agents\nlisted above. Investors should read the Prospectus before making an investment\ndecision.\n\nYou will usually pay brokerage fees to your dealer if you purchase or sell\nshares of investment funds on the TSX or another alternative Canadian trading\nsystem (an “exchange”). If shares are purchased or sold on an exchange,\ninvestors may pay more than the current net asset value when buying shares of\nthe investment fund and may receive less than the current net asset value when\nselling them.\n\nThere are ongoing fees and expenses associated with owning shares of an\ninvestment fund. An investment fund must prepare disclosure documents that\ncontain key information about the fund. You can find more detailed information\nabout the Company in the public filings available at www.sedarplus.ca.\nInvestment funds are not guaranteed, their values change frequently and past\nperformance may not be repeated.\n\nCertain statements contained in this document constitute forward-looking\ninformation within the meaning of Canadian securities laws. Forward-looking\ninformation may relate to matters disclosed in this document and to other\nmatters identified in public filings relating to the Company, to the future\noutlook of the Company and anticipated events or results and may include\nstatements regarding the future financial performance of the Company. In some\ncases, forward-looking information can be identified by terms such as\n“may”, “will”, “should”, “expect”, “plan”,\n“anticipate”, “believe”, “intend”, “estimate”, “predict”,\n“potential”, “continue” or other similar expressions concerning\nmatters that are not historical facts. Actual results may vary from such\nforward-looking information. Investors should not place undue reliance on\nforward-looking statements. These forward-looking statements are made as of\nthe date hereof and we assume no obligation to update or revise them to\nreflect new events or circumstances.\n\nThe securities have not been registered under the U.S. Securities Act of 1933,\nas amended, and may not be offered or sold in the United States absent\nregistration or any applicable exemption from the registration requirements.\nThis news release does not constitute an offer to sell or the solicitation of\nan offer to buy securities nor will there be any sale of such securities in\nany state in which such offer, solicitation or sale would be unlawful.\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX3nKC8R","title":"Canadian Large Cap Leaders Split Corp. Completes Overnight Offering of Preferred Shares and Class A Shares","author":"Globe Newswire","ticker":"NPS","created":"2026-08-21T13:29:46.109Z","tickers":["NPS"],"exchange":"TSX","article_body":"[Not for distribution to U.S. newswire services or for dissemination in the\nUnited States.]\n\nTORONTO, Aug. 21, 2026 (GLOBE NEWSWIRE) -- (TSX: NPS.PR.A, NPS) – Canadian\nLarge Cap Leaders Split Corp. (the “Company”) is pleased to announce that\nit has completed the overnight offering of 1,675,300 Preferred Shares and\n1,155,300 Class A Shares of the Company (the “Offering”). The Offering\nraised total gross proceeds of $34,446,500.\n\nThe Preferred Shares and Class A Shares issued in the Offering will begin\ntrading on the Toronto Stock Exchange under the existing symbols of NPS.PR.A\nand NPS, respectively.\n\nThe Preferred Shares were offered at a price of $10.70 per Preferred Share and\nthe Class A Shares were offered at a price of $14.30 per Class A Share. The\nOffering was made through a syndicate of agents led by National Bank Financial\nInc.\n\nThe net proceeds of the Offering will be used to invest, on an approximately\nequally-weighted basis, in a portfolio comprised primarily of equity\nsecurities of Canadian Dividend Growth Companies (as defined below), selected\nby the portfolio manager, that at the time of investment and immediately\nfollowing each periodic reconstitution and rebalancing: (i) are listed on a\nCanadian exchange; (ii) pay a dividend; (iii) generally have a market\ncapitalization of at least $10 billion; (iv) have options in respect of its\nequity securities that, in the opinion of the portfolio manager, are\nsufficiently liquid to permit the portfolio manager to write options in\nrespect of such securities; and (v) have a history of dividend growth or, in\nthe portfolio manager’s view have high potential for future dividend growth\n(“Canadian Dividend Growth Companies”).\n\nAbout Ninepoint Partners LP\n\nNinepoint Partners LP is the Manager, Portfolio Manager and Promoter of the\nCompany and provides all administrative services required by the Company.\nBased in Toronto, Ninepoint Partners LP is one of Canada’s leading\nalternative investment management firms overseeing approximately $8 billion in\nassets under management and institutional contracts. Committed to helping\ninvestors explore innovative investment solutions that have the potential to\nenhance returns and manage portfolio risk, Ninepoint offers a diverse set of\nalternative strategies spanning Equities, Fixed Income, Alternative Income,\nReal Assets, F/X and Digital Assets.\n\nFor more information on Ninepoint Partners LP, please\nvisit www.ninepoint.com or please contact us at 416.362.7172, or\n1.888.362.7172 or invest@ninepoint.com.\n\nThe Offering was made by a prospectus supplement dated August 14, 2026, to the\nCompany’s short form base shelf prospectus dated May 28, 2026 (collectively,\nthe “Prospectus”). The Prospectus contains important detailed information\nabout the Preferred Shares and Class A Shares being offered. Copies of the\nProspectus may be obtained from your registered financial advisor using the\ncontact information for such advisor, or from representatives of the agents\nlisted above. Investors should read the Prospectus before making an investment\ndecision.\n\nYou will usually pay brokerage fees to your dealer if you purchase or sell\nshares of investment funds on the TSX or another alternative Canadian trading\nsystem (an “exchange”). If shares are purchased or sold on an exchange,\ninvestors may pay more than the current net asset value when buying shares of\nthe investment fund and may receive less than the current net asset value when\nselling them.\n\nThere are ongoing fees and expenses associated with owning shares of an\ninvestment fund. An investment fund must prepare disclosure documents that\ncontain key information about the fund. You can find more detailed information\nabout the Company in the public filings available at www.sedarplus.ca.\nInvestment funds are not guaranteed, their values change frequently and past\nperformance may not be repeated.\n\nCertain statements contained in this document constitute forward-looking\ninformation within the meaning of Canadian securities laws. Forward-looking\ninformation may relate to matters disclosed in this document and to other\nmatters identified in public filings relating to the Company, to the future\noutlook of the Company and anticipated events or results and may include\nstatements regarding the future financial performance of the Company. In some\ncases, forward-looking information can be identified by terms such as\n“may”, “will”, “should”, “expect”, “plan”,\n“anticipate”, “believe”, “intend”, “estimate”, “predict”,\n“potential”, “continue” or other similar expressions concerning\nmatters that are not historical facts. Actual results may vary from such\nforward-looking information. Investors should not place undue reliance on\nforward-looking statements. These forward-looking statements are made as of\nthe date hereof and we assume no obligation to update or revise them to\nreflect new events or circumstances.\n\nThe securities have not been registered under the U.S. Securities Act of 1933,\nas amended, and may not be offered or sold in the United States absent\nregistration or any applicable exemption from the registration requirements.\nThis news release does not constitute an offer to sell or the solicitation of\nan offer to buy securities nor will there be any sale of such securities in\nany state in which such offer, solicitation or sale would be unlawful.\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-21T13:29:46.155525124Z","server_sent_at_ms":1787318986155},"received_at":"2026-08-21T13:29:46.207Z","source_url":null},"analysis":{"id":"114016","press_release_id":"125060","analysis_json":{"industry":{"label":"Capital Markets","sector":"Financials"},"redFlags":[],"eventType":"offering","narrative":"Canadian Large Cap Leaders Split Corp. closed an overnight offering, raising total gross proceeds of $34.4 million through the sale of Preferred Shares and Class A Shares.\n\nThe offering included 1.68 million Preferred Shares priced at $10.70 and 1.16 million Class A Shares priced at $14.30, with National Bank Financial leading the syndicate.\n\nNet proceeds will be deployed into a portfolio of Canadian Dividend Growth Companies with market caps of at least $10 billion, managed by Ninepoint Partners LP.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Split Corp raises $34.4M to invest in large-cap Canadian dividend payers."},"keyFigures":{"dealValueUsd":34446500,"customDimensions":{"class_a_price":14.3,"preferred_price":10.7,"class_a_shares_offered":1155300,"preferred_shares_offered":1675300}},"quotedText":"The Offering raised total gross proceeds of $34,446,500.","namedEntities":{"people":[],"products":["Preferred Shares","Class A Shares"],"companies":[{"name":"Canadian Large Cap Leaders Split Corp.","ticker":"NPS"},{"name":"National Bank Financial Inc.","relationship":"underwriter"},{"name":"Ninepoint Partners LP","relationship":"manager"}],"dollarAmounts":[{"amount":"$34,446,500","context":"total gross proceeds of Offering"},{"amount":"$10.70","context":"price per Preferred Share"},{"amount":"$14.30","context":"price per Class A Share"},{"amount":"$10 billion","context":"minimum market capitalization of target companies"},{"amount":"$8 billion","context":"Ninepoint Partners assets under management"}]},"materialImpact":{"score":3,"reasoning":"Successful completion of a $34.4 million capital raise to expand the company's investment portfolio and assets under management."},"tickerRelevance":{"others":[],"primary":"NPS"},"globalImportance":20,"audienceRelevance":15,"eventTypeSecondary":["dilution"],"importanceComponents":{"tickerTier":"small-mid","eventGravity":"capital_raise","sectorWeight":"financials"}},"event_type":"offering","event_type_secondary":["dilution"],"sentiment":"bullish","material_impact_score":3,"narrative":"Canadian Large Cap Leaders Split Corp. closed an overnight offering, raising total gross proceeds of $34.4 million through the sale of Preferred Shares and Class A Shares.\n\nThe offering included 1.68 million Preferred Shares priced at $10.70 and 1.16 million Class A Shares priced at $14.30, with National Bank Financial leading the syndicate.\n\nNet proceeds will be deployed into a portfolio of Canadian Dividend Growth Companies with market caps of at least $10 billion, managed by Ninepoint Partners LP.","key_figures":{"dealValueUsd":34446500,"customDimensions":{"class_a_price":14.3,"preferred_price":10.7,"class_a_shares_offered":1155300,"preferred_shares_offered":1675300}},"named_entities":{"people":[],"products":["Preferred Shares","Class A Shares"],"companies":[{"name":"Canadian Large Cap Leaders Split Corp.","ticker":"NPS"},{"name":"National Bank Financial Inc.","relationship":"underwriter"},{"name":"Ninepoint Partners LP","relationship":"manager"}],"dollarAmounts":[{"amount":"$34,446,500","context":"total gross proceeds of Offering"},{"amount":"$10.70","context":"price per Preferred Share"},{"amount":"$14.30","context":"price per Class A Share"},{"amount":"$10 billion","context":"minimum market capitalization of target companies"},{"amount":"$8 billion","context":"Ninepoint Partners assets under management"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-21T13:31:39.256Z","global_importance":20,"audience_relevance":15,"importance_components":{"tickerTier":"small-mid","eventGravity":"capital_raise","sectorWeight":"financials"}},"durationMs":110527,"modelName":"glm-4.7"}}