Publicly Traded Funds
Brookfield Asset Management Inc. closed distribution of a 25% interest in its asset management business. Effective December 12, it will trade on NYSE/TSX under new name Brookfield Corporation while the manager will trade on NYSE/TSX under Brookfield Asset Management Ltd.
Copperleaf Technologies Inc. (TSX: CPLF) stock price continues to impact on Pender Growth Fund’s total shareholders’ equity.
Power Financial Corporation and its parent company Power Corporation of Canada filed preliminary short form base shelf prospectus for issuances of debt or preferred shares or subordinate voting share or subscription receipts for up to $3B by Power Financial and unspecified amount by Power Corporation.
Pender Growth Fund Inc. (TSX-V: PTF) reported $58.5M net loss for 3-months ended June 30, 2022, primarily due to the stock performance of Copperleaf Technologies Inc. (TSX: CPLF).
PenderFund Capital Management proposed to merge Working Opportunity Fund (EVCC) Ltd. into Pender Growth Fund Inc.
Pender Growth Fund Inc. (TSX-V: PTF) closed $15M short-form prospectus offering led by PI Financial Inc.