Expertise
We offer forward-thinking and detailed counsel across a wide range of practice areas and sectors.
See all expertise
About Us
Wildeboer Dellelce is one of Canada’s premier corporate, securities and business transaction law firms.
Join Us
Take the next step in your career with a welcoming team and open firm culture.
JumpTV and NeuLion Close Merger and $11 Million Private Placement
On October 20, 2008 JumpTV Inc. (TSX:JTV) completed a merger with NeuLion, Inc. and private placement of units, raising gross proceeds of $11,000,000.
Under the terms of the merger, JumpTV acquired all of the issued and outstanding shares of NeuLion in exchange for shares of JumpTV. NeuLion was then merged with and into JumpTV Acquisition Corp., a wholly owned US subsidiary of JumpTV. Under the terms of the private placement, JumpTV issued 11 million units at $1.00 per unit, raising gross proceeds of $11 million. Each unit consists of one common share, one-half of one series A warrant and one-half of one series B warrant.
JumpTV is a leading broadcaster of live and on-demand sports and international television over the Internet. NeuLion, Inc. is an end-to-end IPTV service of live and on-demand sports, international and variety programming offered over the Internet and through set-top boxes.
Wildeboer Dellelce LLP acted for JumpTV with a team that included Perry Dellelce, Al Wiens, Robert Fonn, Loren Greenspoon and Nicholas Dobbek (corporate/securities) and Kevin Fritz (tax).
Latest News
