Artrari One Capital Corp. completes CPC IPO

1 minute read
05 January 2024

On January 5, 2024, Artrari One Capital Corp. ("Artrari") (TSXV: AOCC.P) successfully completed its initial public offering, raising gross proceeds of $251,100 pursuant to an amended and restated prospectus dated November 10, 2023.  An aggregate of 2,511,000 common shares in the capital of Artrari were subscribed for at a price of $0.10 per share. Canaccord Genuity Corp. acted as the agent for the offering.

Artrari 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 was counsel to Artrari in this transaction with a team that included Frank Sur, Andrew Wong, Andrew Miles and Jada Perkins.

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