Cannabis Growth Opportunity Corporation Completes $38.7M IPOJanuary 29, 2018
Cannabis Growth Opportunity Corporation (“CGOC”) completed its initial public offering of 15,513,250 units of the Corporation for gross proceeds of approximately $38.7 million. The units consisted of one common share and one common share purchase warrant. CGOC’s common shares and warrants will commence trading on January 29, 2018 on the Canadian Securities Exchange under the symbols “CGOC” and “CGOC.WT”, respectively.
The offering was completed by a syndicate of agents led by Eight Capital and including Canaccord Genuity Corp., Haywood Securities Inc., Mackie Research Capital Corporation, Beacon Securities Limited, PI Financial Corp. and Velocity Trade Capital Ltd.
Wildeboer Dellelce LLP acted as counsel to the agents in connection with the offering with a team that included Perry Dellelce, Geoff Cher and Amir Torabi (corporate/securities) and Katy Pitch (tax).