Cherry Street Capital Inc.: Tribe Property Technologies Announces Closing of Brokered Financing Led by Stifel GMP
Company" or "
Tribe") has completed a brokered private placement financing (the "
Financing") through the issuance of 2,325,984 subscription receipts (each, a "
Receipt" and collectively, the "
Receipts") at a purchase price of $5.00 per Receipt for gross proceeds of $11,629,920. The Financing was completed through a syndicate of agents led by Stifel GMP and including, Canaccord Genuity Corp., Haywood Securities Inc. and Richardson Wealth Limited (collectively, the "
Agents").
The Financing was completed in connection with the acquisition of all of the outstanding share capital of Tribe by the Company (the "