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Good2Go2 & Canadian Teleradiology Services close $3 million private placement offering

Fasken
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Overview

On October 30, 2020, Good2Go2 Corp., a capital pool company, and Canadian Teleradiology Services, Inc. which provides teleradiology services to Canadian hospitals including reading medical imaging procedures using computer-processed combinations computed tomography "CT" scan, Magnetic Resonance Imaging "MRI", Ultra Sound, and X-ray on an around the clock basis providing reporting and workflow solutions via secured server according to client hospital needs, closed a private placement offering. 

The Offering of subscription receipts was completed at a price of $0.45 per Subscription Receipt for approximately $3 million in aggregate gross proceeds to the Company (including approximately $500,000 to be satisfied in kind through the cancellation of a payment obligation of the Company).

Fasken advised the agents for the Offering, Mackie Research Capital Corporation, Canaccord Genuity Corp. and Industrial Alliance Securities Inc. with a team lead by John Sabetti and including Alex Nikolic, Perry Feldman, and Laura Konkel, with tax assistance from Mitchell Thaw.

 

Jurisdiction

  • Ontario

Team

  • John M. Sabetti, Partner | Mergers & Acquisitions, Toronto, ON, +1 416 865 4455, jsabetti@fasken.com
  • Alex Nikolic, Partner | Mergers & Acquisitions, Toronto, ON, +1 416 865 4420, anikolic@fasken.com
  • Perry Feldman, Partner | Capital Markets, Mergers & Acquisitions, Calgary, AB, +1 403 261 5396, pfeldman@fasken.com