IPO, RTO Deals

enGene goes public on NASDAQ by way of SPAC QA

CPE News

Forbion, Lumira Ventures, Fonds de Solidarité backed enGene Inc. went public on NASDAQ as SPAC Forbion European Acquisition Corp.'s qualifying acquisition. enGene received US $138M in gross proceeds included US $25M from SPAC trust account and $113M from PIPE financing.

Sucro closes $15M TSX Venture IPO

CPE News

Jonathan Taylor led Sucro, with sugar refineries in Hamilton, Ontario and Lackawanna, New York, completed CDN $15M initial public offering on TSX Venture Exchange.

Damon Motors to go public on NASDAQ by way of RTO of Inpixon

CPE News

Pallasite Ventures and House of Lithium backed Damon Motors to go public on NASDAQ by way of reverse take-over of Inpixon with a deemed valuation of US $224-284M.

Sonder Holdings to effect 1-for-20 reverse stock split

CPE News

Sonder Holdings to effect a 1-to-20 reverse stock split, effective as of the close of trading on September 20, 2023, in order to regain compliance with the minimum US $1.00 bid price per share requirement of Nasdaq’s Marketplace Rule.

Canaccord Genuity’s SPAC QA record

CPE News

Canaccord Genuity G Ventures Corp. (NEO: CGGV.UN), the fourth SPAC sponsored by Canaccord Genuity, to close Qualifying Acquisition transaction with Mount Logan Capital

Asia focused SPAC Oak Woods prices US $50M IPO

CPE News

Oak Woods Acquisition Corporation, a Nepean, Ontario based newly organized blank check company with focus on acquiring a target business in Asia including Peoples Republic of China, priced IPO of 5M units at $10 per unit and will commence trading on NASDAQ on March 24, 2023.

Lithium Royalty completes $150M IPO, first TSX IPO since June 2022

CPE News

Lithium Royalty Corp. completed first TSX IPO in 2023, issuing 8.824M shares at $17 for $150M. Waratah Capital Advisors Ltd. and Riverstone Holdings received $50M in return of capital and will control 55.26% and 28.78% of 55,285,686 outstanding shares respectively.

Venture backed Borealis Foods to go public on NASDAQ by way SPAC QA

CPE News

Reza Soltanzadeh and Barthelemy Helg led and Cibus Fund and Rocana Ventures backed Borealis Foods to go public on NASDAQ by way of qualifying acquisition by Almaty, Kazakhstan based Oxus Acquisition Corp. at US $150M valuation.

Lithium Royalty to raise $150M in TSX IPO, at $16-19 per share

CPE News

Waratah Capital Advisors Ltd. and Riverstone Holdings LLC backed Lithium Royalty Corp. attentively priced $150M TSX IPO at $16-19 per share with a valuation of $942M at midpoint offering price of $17.50 per share.

Lithium Royalty files for IPO on TSX

CPE News

Waratah Capital Advisors Ltd., Riverstone Holdings LLC, Altius Minerals Corporation backed Lithium Royalty Corp. filed for proposed initial public offering (IPO) on Toronto Stock Exchange (TSX).

NorthStar Gaming secures $12.25M additional RTO financing

CPE News

NorthStar Gaming secured $12.25M strategic investment from Playtech plc, in connection with proposed RTO of Baden Resources, adding to $5M raised from Torstar and $5.075M raised from subscription receipt financing.

Tiny Capital to go public by way of RTO of WeCommerce

CPE News

Andrew Wilkinson and Chris Sparling led Tiny Capital Ltd. to go public on TSX-V, valued at $691M, through combination (RTO) with WeCommerce Holdings Ltd. Wilkinson and Sparling will own 71% and 10%, respectively, of combined company valued at enterprise value of $962M.

Greenfire Resources to go public on NYSE at US $950M valuation

CPE News

McIntyre Partners and Griffon Partners backed Greenfire Resources Inc. to go public on NYSE through a proposed qualifying acquisition by M3-Brigade Acquisition III Corp. (NYSE: MBSC), valuing Greenfire at US $950M.

Constellation to spin out Lumine in combination with US $490M WideOrbit acquisition

CPE News

Constellation Software Inc. filed for the spinout Lumine Group Inc., to made of Lumine portfolio of companies of the Volaris Group and proposed acquisition of WideOrbit Inc. from Eric Mathewson and VC investors.

Hertz Lithium files for up to $2M CSE IPO

CPE News

Hertz Lithium filed for up to $2M IPO on Canadian Securities Exchange (CSE). Canaccord Genuity Corp. acts agent for the offering. McMillan LLP and Miller Thomson LLP acted as legal counsel to Hertz and agent respectively.

SaskWorks backed Chronos Resources to go public by way of RTO of Samoth Oilfield

CPE News

SaskWorks Venture Fund Inc. backed Chronos Resources Ltd. to list on TSX Venture through RTO of Samoth Oilfield Inc. and completing of up to $65M financing.

Riverstone to list Hammerhead Resources on NASDAQ via US $882M SPAC QA

CPE News

Riverstone Holdings LLC to list Hammerhead Resources Inc. on NASDAQ through SPAC AQA by affiliated Decarbonization Plus Acquisition Corporation IV, valuing Hammerhead at US $882M. CEO Scott Sobie will continue to lead the combined company.

Sterling Partners promoted SP Strategic Acquisition files for $500K CPC IPO

CPE News

Sterling Partners promoted SP Strategic Acquisition Corp., a Capital Pool Company, filed $500,000 IPO. Eight Capital acts as offering agent. Cassels Brock & Blackwell LLP is acting as legal counsel for SP while Blake, Cassels & Graydon LLP is acting on behalf of the agent.

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