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LifeSpeak Inc. enters into C$15 million convertible loan with Beedie Investments Ltd.

Fasken
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Overview

Client

LifeSpeak Inc.

On March 30, 2023, LifeSpeak Inc. ("LifeSpeak" or the “Company”) signed and closed a financing transaction with Beedie Investments Ltd. (“Beedie”) pursuant to which the Company entered into a credit agreement with Beedie for a non-revolving convertible loan in the principal amount of C$15 million. The loan was financed by way of a single advance to the Company of C$15 million.

Fasken advised LifeSpeak with a team comprised of Dev Singh, Lu Chen, Shree Majithia (Banking & Finance); Gordon Raman, Justine Connors and Nazish Mirza (Capital Markets and Mergers & Acquisitions).

Jurisdiction

  • Ontario

Team

  • Dev Singh, Partner | Co-Leader, Banking & Finance Group, Toronto, ON, +1 416 865 4452, dsingh@fasken.com
  • Lu Chen, Partner, Toronto, ON, +1 416 868 3483, lchen@fasken.com
  • Shree Majithia, Business Advisor, Toronto, ON, +1 416 865 4486, smajithia@fasken.com
  • Justine Connors, Partner, Toronto, ON, +1 416 868 7530, jconnors@fasken.com
  • Nazish Mirza, Associate, Toronto, ON, +1 416 865 4553, nmirza@fasken.com