6-K
Docebo Inc. (DCBO)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of September 2021
Commission File Number 001-39750
DOCEBO INC.
(Exact name of Registrant as specified in its charter)
N/A
(Translation of Registrant’s name)
366 Adelaide St. West
Suite 701
Toronto, Ontario, Canada M5V 1R7
(800) 681-4601
(Address and telephone number of registrant’s principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
| Form 20-F | ☐ | Form 40-F | ☒ |
|---|
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
DOCUMENTS INCLUDED AS PART OF THIS REPORT
| Exhibit | |
|---|---|
| 99.1 | Docebo Inc. Term Sheet - Bought Deal of Common Shares C$112 Million |
| 99.2 | Docebo Inc. Launches Secondary Bought Deal Offering in Canada and the United States |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Docebo Inc. | ||||
|---|---|---|---|---|
| Date: | September 17, 2021 | By: | /s/ Sukaran Mehta | |
| Name: | Sukaran Mehta | |||
| Title: | Interim Chief Financial Officer |
docebotermsheetseptember

DOCEBO INC. BOUGHT DEAL OF COMMON SHARES C$112 MILLION September 16, 2021 The Shares will be offered by way of a prospectus supplement in each of the provinces and territories of Canada and in the United States. A prospectus supplement containing important information relating to the Shares has not yet been filed with the applicable Canadian securities regulatory authorities or the United States Securities and Exchange Commission (“SEC”). A final base shelf prospectus containing important information relating to the securities described in this document has been filed with the securities regulatory authorities in each of the provinces and territories of Canada and a corresponding registration statement on Form F-10 (File No. 333-251046) has been filed with the SEC. A copy of the final base shelf prospectus, any amendment to the final base shelf prospectus and any applicable shelf prospectus supplement that has been filed is required to be delivered with this document. This document does not provide full disclosure of all material facts relating to the Shares. Investors should read the final base shelf prospectus, any amendment and any applicable prospectus supplement, for disclosure of those facts, especially risk factors relating to the Shares, before making an investment decision. You may get these documents and any applicable shelf prospectus supplement for free by visiting EDGAR on the SEC's website at www.sec.gov or SEDAR at www.sedar.com. Alternatively, copies of these documents and any applicable shelf prospectus supplement can be obtained by contacting the Company (defined below) or, in Canada from Canaccord Genuity Corp., 161 Bay Street, Suite 3000, Toronto, ON M5J 2S1 and in the United States from Canaccord Genuity LLC, 99 High Street, Suite 1200, Boston, Massachusetts 02110, Attn: Syndicate Department, by telephone at (617) 371-3900, or by email at prospectus@canaccordgenuity.com Issuer: Docebo Inc. (“Company”). Selling Securityholders: Intercap Equity Inc. a (“Intercap”), Claudio Erba (“Erba”) and Alessio Artuffo (“Artuffo”) (Intercap, Erba and Artuffo collectively, the “Selling Securityholders”). Offering: 1,000,000 common shares of the Company (the “Shares”) will be offered on a secondary basis by the Selling Securityholders (the “Offering”). 900,000 Shares are being sold by Intercap, 75,000 Shares are being sold by Erba and 25,000 Shares are being sold by Artuffo. Size of Offering: C$112 million.

Offering Price: C$112.00 per Share (the “Offering Price”). Over-Allotment Option: The Selling Securityholders will grant to the Underwriters an option, exercisable, in whole or in part, at any time for a period of 30 days after the Closing Date, to purchase up to an additional 15% of the aggregate number of Shares (representing 150,000 Shares) (the “Over- Allotment Shares”) issued under the Offering by the Selling Securityholders at the Offering Price solely to cover over-allotments, if any, and for market stabilization purposes (the “Over- Allotment Option”). 90% of the Over-Allotment Shares (representing up to 135,000 Shares) will be sold by Intercap, 7.5% of the Over-Allotment Shares (representing 11,250 Shares) will be sold by Erba and 2.5% of the Over-Allotment Shares (representing 3,750 Shares) will be sold by Artuffo. Use of Proceeds: The proceeds of the Offering will be paid directly to the Selling Securityholders. The Company will not receive any proceeds in connection with the Offering. Retained Interest of Selling Shareholders: Intercap currently holds 14,624,920 Shares, representing approximately 44.7% of the issued and outstanding Shares. Following the closing of the Offering (assuming no exercise of the Over- Allotment Option), Intercap will hold 13,724,920 Shares, representing approximately 41.9% of the issued and outstanding Shares. Erba currently holds, directly and indirectly, an aggregate of 1,309,645 Shares representing approximately 4.0% of the issued and outstanding Shares. Following the closing of the Offering (assuming no exercise of the Over-Allotment Option), Erba will hold, directly and indirectly, an aggregate of 1,234,645 Shares, representing approximately 3.8% of the issued and outstanding Shares. Artuffo currently holds 326,162 vested options exercisable for Shares. In connection with the

Offering, Artuffo will exercise 25,000 of his 326,162 vested options for Shares which will be offered as part of the Offering. Following the closing of the Offering (assuming no exercise of the over-allotment option), Artuffo will hold 301,162 vested options exercisable for Shares Lock-up: The Company and each of the Selling Securityholders, will each enter into a 90-day lock-up agreement in connection with the Offering. All of the existing lock-up arrangements entered into will continue to remain in full force and effect in accordance with the terms set forth therein. Type of Transaction: Bought deal offering by way of a prospectus supplement to be filed in each of the provinces and territories of Canada. Registered public offering in the United States via MJDS. Offering Jurisdictions: All provinces and territories in Canada, in the United States on a public registered basis via MJDS and internationally as permitted. Exchange Listings: Toronto Stock Exchange and NASDAQ. Eligibility: The Shares shall be eligible for RRSPs, RRIFs, RDSPs, RESPs, TFSAs and DPSPs. Commission: 4.0% of the gross proceeds raised in respect of the Offering (including the Over-Allotment Option). Closing Date: On or about September 23, 2021.
docebopressreleasebought

FOR IMMEDIATE RELEASE: DOCEBO LAUNCHES SECONDARY BOUGHT DEAL OFFERING IN CANADA AND THE UNITED STATES TORONTO, ONTARIO, September 16, 2021 – Docebo Inc. (“Docebo” or the “Company”) (TSX: DCBO; Nasdaq: DCBO) today announced that certain of its shareholders, namely Intercap Equity Inc. (“Intercap”), Claudio Erba (“Erba”) and Alessio Artuffo (“Artuffo” and together with Intercap and Erba, the “Selling Shareholders”) have entered into an agreement with an underwriting syndicate led by Canaccord Genuity Corp., the sole bookrunner (collectively, the “Underwriters”) to complete a secondary offering (the “Offering”), on a bought deal basis, of an aggregate of 1,000,000 common shares at a purchase price of C$112 per common share for aggregate gross proceeds of C$112 million to the Selling Shareholders. Under the agreement, 900,000 common shares will be offered by Intercap, 75,000 common shares will be offered by Erba and 25,000 common shares will be offered by Artuffo. The Selling Shareholders have also granted the Underwriters an over-allotment option, exercisable for a period of 30 days from the date of the closing of the Offering, to purchase up to an additional 15% of the aggregate common shares to be sold pursuant to the Offering. The over-allotment option is comprised of 150,000 common shares from Intercap, Erba and Artuffo, pro rata in accordance with the shares being sold by each of them in the Offering. Docebo will not receive any of the proceeds of the sale of common shares by the Selling Shareholders. Each of the Selling Shareholders has agreed to a lock-up period of 90 days following closing of the Offering, during which time they will be restricted from disposing of any further securities of Docebo without the prior consent of Canaccord Genuity Corp. The common shares will be offered in Canada by way of a prospectus supplement to its base shelf prospectus. The prospectus supplement will also be filed with the U.S. Securities and Exchange Commission as a supplement to the base shelf prospectus included in Docebo’s effective registration statement on Form F-10 (File No. 333-251046) under the U.S.-Canada multijurisdictional disclosure system (MJDS). The public offering will be made in Canada only by means of the base shelf prospectus and prospectus supplement and in the United States only by means of the registration statement, including the base shelf prospectus and preliminary prospectus supplement. Such documents contain important information about the offering. Copies of the base shelf prospectus and prospectus supplement, when available, can be found on SEDAR at www.sedar.com, and a copy of the registration statement and the prospectus supplement, when available, can be found on EDGAR at www.sec.gov. Copies of such documents may also be obtained from Canaccord Genuity LLC, Attention: Syndicate Department, 99 High Street, 12th Floor, Boston MA 021990, by email at prospectus@cgf.com.

Closing of the Offering is expected to occur on or about September 23, 2021, or such other date as may be agreed upon by the Selling Shareholders and the Underwriters, subject to customary closing conditions. Prospective investors should read the base shelf prospectus and prospectus supplement as well as the registration statement before making an investment decision. No securities regulatory authority has either approved or disapproved the contents of this press release. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the common shares in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such province, state or jurisdiction. About Docebo Docebo is redefining the way enterprises leverage technology to create content, deliver training, and understand the business impact of their learning experiences. With Docebo’s multi-product learning suite, enterprises around the world are equipped to tackle any learning challenge and create a true learning culture within their organization. For further information, please contact: Dennis Fong, Investor Relations (416) 283-9930 investors@docebo.com Forward-looking Information This press release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws, including statements regarding the proposed Offering and closing of the Offering. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects”, “is expected”, “an opportunity exists”, “budget”, “scheduled”, “estimates”, “outlook”, “forecasts”, “projection”, “prospects”, “strategy”, “intends”, “anticipates”, “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or, “will”, “occur” or “be achieved”, and similar words or the negative of these terms and similar terminology. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management’s expectations, estimates and projections regarding future events or circumstances. This forward-looking information is based on our opinions, estimates and assumptions that, while considered by the Company to be appropriate and reasonable as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to that all conditions to completion of the Offering will be satisfied or waived and those factors discussed in greater detail under the “Risk Factors” section of our Annual Information Form for

the year ended December 31, 2020 as well as in our most recent MD&A, which are available under our profile on SEDAR at www.sedar.com, and should be considered carefully by prospective investors. If any of these risks or uncertainties materialize, or if the opinions, estimates or assumptions underlying the forward-looking information prove incorrect, actual results or future events might vary materially from those anticipated in the forward-looking information. Although we have attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other risk factors not presently known to us or that we presently believe are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. No forward-looking statement is a guarantee of future results. Accordingly, you should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this press release represents our expectations as of the date specified herein, and are subject to change after such date. However, we disclaim any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws. All of the forward-looking information contained in this press release is expressly qualified by the foregoing cautionary statements.