INX Limited Closes CA$39.6 Million Subscription Receipt Private Placement in Connection with Going-Public Transaction
NEW YORK and TORONTO, April 1, 2021 /PRNewswire/ INX Limited (
INX ) is pleased to announce that it has closed its previously announced private placement of subscription receipts (each, a
Subscription Receipt ) at CA$1.25 per Subscription Receipt for aggregate gross proceeds of CA$39,600,000 (the
Financing ).
The Financing was conducted in connection with INX s going-public transaction on the TSX Venture Exchange via a Reverse Take Over of Valdy Investments Ltd. ( Valdy ), whereby Valdy will acquire all of the issued and outstanding shares of INX (the Transaction ) pursuant to the terms of a securities exchange agreement dated March 31, 2021 among Valdy, INX, the securityholders of INX, and the Co-Lead Agents (as defined below) in exchange for the issuance of Valdy securities to the former securityholders of INX. Upon completion of the Transaction, INX w
Trudeau Liberals ask public for advice on reforming Access to Information law 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.
By John Lee Grant |
April 1, 2021
(Rendering courtesy of Dacon Corporation, Natick, the architect/construction firm for the Edwards Vacuum Haverhill innovation center.)
The Haverhill City Council gave its okay this week for the city to negotiate a property tax break to bring Edwards Vacuum to Haverhill’s Broadway Industrial Park.
The company, which said previously it will move 200 existing employees here and add 50 new jobs, plans to complete a 121,800-square-foot “innovation and solutions center” by early next year. Haverhill Economic Development and Planning Director William Pillsbury Jr. explained how the tax increment financing plan would work.
“So what we’re here for tonight is to ask for the passage of the resolution to authorize the mayor to move forward with the TIF. The TIF will be very similar to ones we have done for other industries. It will be a five-year term and it be an opportunity to see this company come to Haverhill and plant its roots here and, we
Tribuna do Norte - Sufoco tribunadonorte.com.br - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribunadonorte.com.br Daily Mail and Mail on Sunday newspapers.