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MDK Acquisition Inc. completes CPC IPO
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On June 28, 2023, MDK Acquisition Inc. (TSXV: MDK), a capital pool company, announced that it had completed its initial public offering. The company issued an aggregate of 2,000,000 common shares in its authorized share structure to purchasers in British Columbia, Ontario and Alberta for gross proceeds to the company of $200,000. Haywood Securities Inc. acted as agent for the offering.
Proceeds of the IPO will be used by MDK Acquisition Inc. to identify and evaluate assets or businesses for acquisition with a view to completing a "Qualifying Transaction" under the TSXV's capital pool company ("CPC") program.
Gowling WLG advised Haywood Securities Inc. with respect to this offering with a team that included Tara Amiri and Danny Long.
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