AF1 Capital Corp. closes CPC IPO

29 January 2019

On January 29, 2019, AF1 Capital Corp. (TSXV: AFC.P) successfully completed its initial public offering, raising gross proceeds of $300,000 pursuant to a prospectus dated December 21, 2018.  Haywood Securities Inc. acted as the agent for the offering.

AF1 Capital is a capital pool company and intends to use the net proceeds of the offering to identify and evaluate assets or businesses for acquisition with a view to completing a Qualifying Transaction under the policies of the TSX Venture Exchange.

Gowling WLG advised AF1 Capital with respect to this transaction with a team that included Peter Simeon, Jason Mullins and Stephen King.

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