Rise Capital Corp. completes IPO

26 May 2021

On May 26, 2021, Rise Capital Corp. (TSXV: RSE) (the "Corporation") announced that it had successfully completed its initial public offering of 45,000,000 common shares at $0.20 per share for gross proceeds of $9,000,000. Hampton Securities Limited acted as agent for the offering. 

The Corporation is a "capital pool company" within the meaning of the policies of the TSX Venture Exchange and intends to use the net proceeds of the offering to identify and evaluate companies, businesses or assets for acquisition with a view to completing a "Qualifying Transaction".

Gowling WLG advised the agent in this transaction with a team that included Nurhan Aycan, Peter Doelman and Taylor Hanson.

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