03:41:28 EDT Fri 29 Mar 2024
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AD4 Capital lists on TSX-V

2022-06-24 18:21 ET - New Listing

AD4 Capital Corp.'s capital pool company (CPC) prospectus dated April 22, 2022, has been filed with and accepted by the TSX Venture Exchange and the British Columbia and Alberta securities commissions, effective April 27, 2022, pursuant to the provisions of the British Columbia Securities Act and Multilateral Instrument 11-102, Passport System, in Alberta. The common shares of the company will be listed on the TSX Venture Exchange on the effective date stated below.

The company intends to complete its initial distribution of securities to the public. The gross proceeds to be received by the company for the offering will be $500,000 (five million common shares at 10 cents per share).

Commence date:  At the market open, June 28, 2022, the common shares will be listed and immediately halted on the TSX Venture Exchange.

The closing of the public offering is scheduled to occur on June 29, 2022. A further notice will be issued upon receipt of closing confirmation and the trading halt will be lifted.

Corporate jurisdiction:  British Columbia

Capitalization:  unlimited common shares with no par value, of which 15,500,001 common shares will be issued and outstanding at the closing of the offering

Escrowed shares:  11,025,000 common shares to be subject to escrow at the closing of the offering

Transfer agent:  Odyssey Trust Company

Trading symbol:  ADJ.P

Cusip No.:  00687F 10 6

Agent:  Leede Jones Gable Inc.

Agent's warrants:  350,000 non-transferable options (One option entitles the holder to purchase one common share of the company at 10 cents per share for a period of 24 months from listing date.)

For further information, please refer to the company's prospectus dated April 22, 2022.

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