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Logica Ventures Corp. Completes Initial Public Offering
On December 19, 2019, Logica Ventures Corp. (“Logica”) completed an initial public offering (“IPO”) in Ontario, Alberta and British Columbia of 3,000,000 common shares, at a price of $0.10 per common share, for aggregate gross proceeds of $300,000. The net proceeds of the offering, together with the proceeds from prior sales of common shares, will be used by Logica to identify and evaluate assets or businesses for acquisition with a view to completing a “Qualifying Transaction” under the capital pool company program of the TSX Venture Exchange. Echelon Wealth Partners Inc. acted as agent for the offering.
Wildeboer Dellelce LLP acted as counsel to Logica in connection with the offering with a team that consisted of Geoffrey Cher and Carlye Bellavia (corporate/securities) and Katy Pitch (tax).
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