GoPublic.AI Acquisition Corp. Completes $2.7 Million Go-Public FinancingDecember 16, 2021
GoPublic.AI Acquisition Corp. has completed a private placement offering of subscription receipts for gross proceeds of $2.7 million. The offering was completed by Echelon Wealth Partners Inc., as sole agent and bookrunner, in connection with the company's proposed acquisition of Forrest Innovations Ltd., which is expected to be conducted by way of a securities exchange between GoPublic.AI and Forrest, and which will result in the reverse takeover of the company by Forrest.
Forrest was founded in 2013 and is a private Israel-based biotechnology company focused on mosquito-borne disease eradication with expertise in medical entomology R&D, healthcare, and molecular biology. Forrest’s proprietary technology, Natural Vector Control, is commercially approved. Forrest's pilot and commercial projects in Brazil demonstrated more than an order magnitude reduction in Dengue fever occurs in the treated areas.
GoPublic.AI is currently a non-reporting issuer headquartered in Vancouver, British Columbia. The company's principal business activity has been to identify and evaluate opportunities for the acquisition of assets or business.
Wildeboer Dellelce LLP acted for Echelon in connection with the Offering with a team comprised of Michael Rennie, Ragu Anantharajah, Natalie Tershakowec and Hannah Dodick (corporate/securities).
Echelon Wealth Partners Inc.
Visit website »