Skip to main content
Client Work

Going public transaction for NowVertical Group, Inc.

Fasken
Reading Time 1 minute read
Share
  • LinkedIn

Overview

Client

NowVertical Group, Inc.

On March 23, 2021, NowVertical Group, Inc. closed a private placement of 8,394,000 subscription receipts at a price of $1.00 per subscription receipt, for gross proceeds of approximately C$8.4 million. The private placement was conducted in connection with NVG's going-public transaction by way of a reverse takeover involving, among others, Good2Go Corp., a "capital pool company" listed on the TSX Venture Exchange.

The private placement was conducted through a syndicate of securities dealers led by Echelon Wealth Partners Inc. and including Canaccord Genuity Corp., Stifel Nicolaus Canada Inc. and Haywood Securities Inc.

Fasken, with a team comprised of Neil Kravitz, Monica Dingle, Janie Harbec, Oleg Stratiev and Laura Fabi, acted as legal counsel to NowVertical in connection with this offering.

Jurisdictions

  • Québec
  • Ontario

Team

  • Neil Kravitz, Partner | Co-lead, Corporate, Co-lead, Cross Border and International Practice, Montréal, QC, +1 514 397 7551, nkravitz@fasken.com
  • Monica Dingle, Partner | Corporate/Commercial, Montréal, QC, +1 514 397 4360, mdingle@fasken.com
  • Laura Fabi, Associate | Corporate/Commercial, Montréal, QC, +1 514 657 5097, lfabi@fasken.com