19:20:45 EDT Sat 11 May 2024
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Oa Capital to list on TSX-V Jan. 9

2024-01-05 15:09 ET - New Listing

Oa Capital Corp.'s capital pool company (CPC) prospectus dated Oct. 27, 2023, has been filed with and accepted by the TSX Venture Exchange and the British Columbia and Alberta securities commissions, effective Oct. 30, 2023, pursuant to the provisions of the relevant Securities Act and Multilateral Instrument 11-102, Passport System. The common shares of the company will be listed on the TSX Venture Exchange and immediately halted on the effective date stated below.

The company will complete its initial distribution of securities to the public on Jan. 9, 2024. The gross proceeds to be received by the company for the public offering will be $200,000 (two million common shares at 10 cents per share). In addition, the company will conduct a private placement raising $1,000 (10,000 common shares at 10 cents per share).

Commence date:  At the market open on Tuesday, Jan. 9, 2024, the common shares will be listed and immediately halted from trading on the TSX Venture Exchange.

The closing of the public offering is scheduled to occur on Jan. 9, 2024. A further notice will be published upon the confirmation of closing and the trading halt will be lifted.

Corporate jurisdiction:  British Columbia

Capitalization:  unlimited common shares with no par value, of which 4.51 million common shares will be issued and outstanding on completion of the initial public offering

Escrowed shares:  2.5 million common shares

Transfer agent:  Odyssey Trust Company

Trading symbol:  OAC.P

Cusip No.:  67116R 10 0

Agent:  Canaccord Genuity Corp.

Agent's warrants:  200,000 non-transferable warrants (each warrant to purchase one share at 10 cents per share for five years)

For further information, please refer to the company's prospectus dated Oct. 27, 2023.

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