IBI Premium Content, by Craig Ritchie2021-02-23T16:44:00
Proposed merger between Taiga Motors and Canaccord Genuity Growth II Corp would fund second production facility and drive future growth
Quebec, Canada-based Taiga Motors has entered into a proposed merger transaction with special purpose acquisition firm Canaccord Genuity Growth II Corp that will…
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Electric-vehicle maker Taiga to go public through SPAC theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Montreal jet-ski maker Taiga to go public via Canaccord SPAC
Kevin Orland, Bloomberg News Taiga jet ski , Screengrab courtesy of taigamotors.ca
Electric jet-ski maker Taiga Motors plans to go public via a merger with a blank-check company sponsored by Canaccord Genuity Group Inc., taking advantage of investor demand for companies that can burnish their environmental credentials.
Montreal-based Taiga will have an implied market capitalization of about $537 million (US$422 million) after the combination with the Canaccord Genuity Growth II Corp. special purpose acquisition corporation, the companies said Wednesday. That valuation includes a $100 million private placement with investors including John Risleyâs Northern Private Capital.
Novo19 Capital Corp. Announces Signing of Definitive Agreement with Nobel Resources Corp.
Novo19 Capital Corp. (
Novo19 ), an unlisted reporting issuer in British Columbia and Alberta, is pleased to announce it has entered an amalgamation agreement dated January 12, 2021 (the
Definitive Agreement ) with Nobel Resources Corp. (
Nobel ), a private resource company incorporated under the laws of the Province of Ontario.
Pursuant to the Definitive Agreement, Novo19 and Nobel have agreed to complete a three-cornered amalgamation (the
Amalgamation ) pursuant to which Novo19 intends to acquire all of the issued and outstanding common shares of Nobel (
Nobel Shares ) in exchange for the issuance of common shares of Novo19 (