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General Assembly Pizza files preliminary prospectus to go public via the TSXV

General Assembly Pizza files preliminary prospectus to go public via the TSXV
Toronto-based restaurant turned pizza subscription service General Assembly Pizza (GA Pizza) has filed to become a publicly listed company on the TSX Venture Exchange (TSXV).
Filings dated February 26 show that GA Pizza has filed a non-offering preliminary prospectus and is applying to list in the TSXV. No securities are being offered as part of the plans to go public.
The filings followed shortly after GA Pizza closed an oversubscribed $13 million CAD Series A round via private placement, exceeding its $3.5 million target. GA Pizza raised the capital in order to go public.

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General Assembly Pizza closes $13 million to scale pizza subscriptions across Canada

General Assembly Pizza closes $13 million to scale pizza subscriptions across Canada
Toronto’s General Assembly Pizza (GA Pizza), which touts itself as “the world’s first pizza subscription,” has closed an oversubscribed $13 million CAD Series A round via private placement, exceeding its $3.5 million target.
The round was led by Gravitas Securities. A company spokesperson told BetaKit the round also included “a strong and diverse shareholder base,” but would not disclose other investors in the round.
GA Pizza began as a simple pizza restaurant, but when the pandemic hit the company pivoted.
Following its successful pandemic-induced pivot, the pizza restaurant-turned-omnichannel brand plans to use the fresh funding to scale its pizza subscription model and grow its grocery sales across Canada. The first step towards doing so involves securing a new production facility.

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