Cross Border Capital I Inc. completes CPC IPO

22 December 2020

On December 22, 2020, Cross Border Capital I Inc. (TSXV: CBX.P) announced that it had completed its initial public offering of common shares for gross proceeds of $300,000 and that its common shares had commenced trading on the TSX Venture Exchange. Haywood Securities Inc. acted as agent on a best efforts basis for the offering.

Cross Border Capital I is a capital pool company ("CPC") 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 Cross Border Capital I with respect to this offering with a team led by Jason A. Saltzman, assisted by student-at-law Sean Walsh and law clerk Angela Helliwell.

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.