{"id":885525,"date":"2026-01-16T16:46:50","date_gmt":"2026-01-16T22:46:50","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/01\/16\/southpoint-holdings-in-fennec-pharmaceuticals-inc-tsx-fenc\/"},"modified":"2026-01-16T16:46:50","modified_gmt":"2026-01-16T22:46:50","slug":"southpoint-holdings-in-fennec-pharmaceuticals-inc-tsx-fenc","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/01\/16\/southpoint-holdings-in-fennec-pharmaceuticals-inc-tsx-fenc\/","title":{"rendered":"Southpoint holdings in Fennec Pharmaceuticals Inc. (TSX: FENC)"},"content":{"rendered":"<div>\n<section>\n<p>Article content<\/p>\n<p>NEW YORK, Dec. 26, 2025 (GLOBE NEWSWIRE) \u2014 Southpoint Capital Advisors LP (\u201cSouthpoint\u201d), acting on behalf of certain Southpoint funds for which it serves as investment manager, announces that on December 24, 2025, pursuant to securities laws, it disposed of beneficial ownership of 1,000,000 common shares (a \u201cCommon Share\u201d) of Fennec Pharmaceuticals Inc. (\u201cFennec\u201d), representing approximately 2.93% of the outstanding Common Shares (calculated on a fully diluted basis).<\/p>\n<\/section>\n<section data-aqa=\"identity-sign-in\" data-async id=\"article-block\">\n<header>\n<div>\n<p><img decoding=\"async\" alt=\"Financial Post\" height=\"37\" loading=\"lazy\" src=\"https:\/\/dcs-static.gprod.postmedia.digital\/20.3.0\/websites\/images\/identity\/logo-identity-fp.svg\" width=\"280\"><\/p>\n<div>\n<p>THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY<\/p>\n<p>Subscribe now to read the latest news in your city and across Canada.<\/p>\n<ul>\n<li>Exclusive articles from Barbara Shecter, Joe O&#8217;Connor, Gabriel Friedman, and others.<\/li>\n<li>Daily content from Financial Times, the world&#8217;s leading global business publication.<\/li>\n<li>Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.<\/li>\n<li>National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.<\/li>\n<li>Daily puzzles, including the New York Times Crossword.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>SUBSCRIBE TO UNLOCK MORE ARTICLES<\/p>\n<p>Subscribe now to read the latest news in your city and across Canada.<\/p>\n<ul>\n<li>Exclusive articles from Barbara Shecter, Joe O&#8217;Connor, Gabriel Friedman and others.<\/li>\n<li>Daily content from Financial Times, the world&#8217;s leading global business publication.<\/li>\n<li>Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.<\/li>\n<li>National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.<\/li>\n<li>Daily puzzles, including the New York Times Crossword.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>REGISTER \/ SIGN IN TO UNLOCK MORE ARTICLES<\/p>\n<p>Create an account or sign in to continue with your reading experience.<\/p>\n<ul>\n<li>Access articles from across Canada with one account.<\/li>\n<li>Share your thoughts and join the conversation in the comments.<\/li>\n<li>Enjoy additional articles per month.<\/li>\n<li>Get email updates from your favourite authors.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.<\/p>\n<p>Create an account or sign in to continue with your reading experience.<\/p>\n<ul>\n<li>Access articles from across Canada with one account<\/li>\n<li>Share your thoughts and join the conversation in the comments<\/li>\n<li>Enjoy additional articles per month<\/li>\n<li>Get email updates from your favourite authors<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/header>\n<div data-auth-component id=\"auth-screen-form\" aria-live=\"assertive\">\n<h2>Sign In or Create an Account<\/h2>\n<p><span><\/span><span>or<\/span><span><\/span><\/p>\n<\/div>\n<\/section>\n<section>\n<p>Article content<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>The Common Shares were sold at a price of USD$7.50 per Common Share.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<div aria-labelledby=\"FinancialPostTopStories7158237938522498174046232039653376\" data-account-id=\"b9d3df2fccd108b5eff3c44f573b2cd6\" data-aqa=\"widget-newsletter\" data-newsletter=\"single\" data-newsletter-component data-target-list=\"FP_HeadlineNews\" data-widget=\"newsletter\">\n<p>By signing up you consent to receive the above newsletter from Postmedia Network Inc.<\/p>\n<\/div>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>Southpoint now exercises control or direction over an aggregate of 2.7 million Common Shares, and representing approximately 8% of the outstanding Common Shares (calculated on a fully diluted basis).<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>Southpoint has disposed of the Common Shares for investment purposes. Depending on market and other conditions, Southpoint may change its beneficial ownership of, or control or direction over, Common Shares through market transactions, private agreements, treasury issuances, exercise of the Warrants or otherwise.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>This press release has been issued in order to comply with applicable securities legislation.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYxNzQwNiM3MzM3MTYzIzIwODk4NTE=\" alt><\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MmQ5MWJkMjEtMDI0Zi00OGI2LWJlMmEtZDY4Y2I0MmZhMjE4LTExMDE0MjItMjAyNS0xMi0yNi1lbg==\/tiny\/Fennec-Pharmaceuticals-Inc-.png\" alt><\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<div>\n<pre>For further information:  Anthony J. Buffalano III Southpoint Capital Advisors LP 1114 Avenue of the Americas, 22nd Floor New York, NY 10036 Phone: (212) 692-6356<\/pre>\n<\/div>\n<\/section>\n<section>\n<p>Article content<\/p>\n<\/section>\n<\/div>\n<p> GlobeNewswire<br \/><a href=\"https:\/\/financialpost.com\/globe-newswire\/southpoint-holdings-in-fennec-pharmaceuticals-inc-tsx-fenc\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article content NEW YORK, Dec. 26, 2025 (GLOBE NEWSWIRE) \u2014 Southpoint Capital Advisors LP (\u201cSouthpoint\u201d), acting on behalf of certain Southpoint funds for which it serves as investment manager, announces that on December 24, 2025, pursuant to securities laws, it disposed of beneficial ownership of 1,000,000 common shares (a \u201cCommon Share\u201d) of Fennec Pharmaceuticals Inc.<\/p>\n","protected":false},"author":1,"featured_media":885526,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22268,147481],"tags":[96706,147480],"class_list":{"0":"post-885525","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-holdings","8":"category-southpoint","9":"tag-holdings","10":"tag-southpoint"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/885525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=885525"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/885525\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/885526"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=885525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=885525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=885525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}