NowVertical Short Form and Base Shelf Offerings
Goodmans LLP acted for NowVertical in connection with its short form public offering and final base shelf prospectus.
The public offering included offering of 10,894,756 units of the Company (the "Units") at a price of $0.95 per Unit for gross proceeds of C$10,350,018. This amount includes gross proceeds from the full exercise of the over-allotment option granted to the Agent (as defined below) to purchase an additional 1,421,056 Units from the Company.
The final base shelf prospectus will be effective for a 25-month period during which time the Company may, subject to securities regulatory requirements, issue subordinate voting shares, debt securities, warrants, subscription receipts and units (the "Securities") in amounts, at prices and on terms based on market conditions at the time of sale and set forth in an accompanying shelf prospectus supplement ("Prospectus Supplement"), for an aggregate offering amount of up to $65,000,000.
Expertise
Featured Work
-
Mergers and Acquisitions
NexPoint Hospitality Trust to be acquired by NexPoint Diversified Real Estate Trust
Goodmans LLP is advising NexPoint Hospitality Trust in connection with its announced acquisition by NexPoint Diversified Real Estate Trust… -
Capital Markets
Cormark Securities Inc. leads $51.75 million bought deal offering for Kraken Robotics
Goodmans LLP acted for the underwriters in connection with a bought deal short form prospectus offering of over 32.3 million common shares of Kraken Robotics Inc. for gross proceeds of C$51.75 million… -
SPACS
FG Acquisition Corp. completes acquisition of Strong/MDI Screen Systems Inc. and launches Saltire Capital Ltd.
Goodmans LLP acted for FG Acquisition Corp. ("FGAC"), a special purpose acquisition company in connection with its acquisition of Strong/MDI Screen Systems, Inc., a leading manufacturer and… -
Banking and Financial Services
Majority interest in Vault Credit Corporation and Vault Home Credit Corporation sold for $60 Million to HB Leaseco affiliate
Goodmans LLP represented Vault Credit Corporation and Vault Home Credit Corporation in the sale of Chesswood Group Limited's entire interest in Vault to an affiliate of HB Leaseco Holdings Inc., in… -
Capital Markets
Saba Capital reaches agreement with Citadel Income Fund
Goodmans LLP acted for Saba Capital Management, L.P. in relation to its agreement with Citadel Income Fund and its manager, Artemis Investment Management Limited following a protracted dispute… -
Capital Markets
RioCan REIT completes private placement offering of $300 million Series AK debentures
Goodmans LLP advised RioCan Real Estate Investment Trust in connection with a brokered private placement offering of $300 million principal amount of Series AK senior unsecured debentures…