AF2 Capital Corp. completes CPC IPO

15 March 2021

On March 15, 2021, AF2 Capital Corp. (TSXV: AF.P) successfully completed its initial public offering, raising gross proceeds of $300,000 pursuant to a prospectus dated February 17, 2021.  An aggregate of 3,000,000 common shares in the capital of the company were subscribed for at a price of $0.10 per Share. Haywood Securities Inc. acted as the agent for the offering.

AF2 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 AF2 Capital in this transaction with a team that included Peter Simeon, Jason Mullins and Adriana Da Silva Bellini, assisted by student-at-law Blair Wentworth.

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.

Related   Capital Markets