NEO to be Acquired by Cboe Global Markets

November 2021

Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, has entered into a definitive agreement to acquire Aequitas Innovations Inc., more commonly known as NEO (“NEO”). NEO consists of the NEO Exchange, a Tier-1 Canadian stock exchange for the innovation economy that brings together investors and capital raisers within a fair, efficient, and service-oriented environment, and NEO Connect, a multi-asset distribution platform supporting mutual funds, private funds, and private special purpose vehicles.

The transaction is expected to close in the first half of 2022, pending regulatory review.

Wildeboer Dellelce LLP is acting for NEO in connection with the transaction with a team comprised of Perry Dellelce, James Brown, Troy Pocaluyko, Rebecca Cochrane, Nathan Holloway and Alex Karlson (M&A and corporate/securities) and Katy Pitch and member of the tax group (tax).