Jan. 26, 2024 - Important guidance on “acting jointly or in concert” in a proxy contest was provided by the British Columbia Securities Commission (Commission) in NorthWest Copper Corp. (December 22, 2023). The Commission declined to find a joint actor relationship between a dissident and another...
Announcement
Stingray Digital Group Inc. Completes $140-Million Initial Public Offering
Davies acted for Stingray Digital Group Inc. in connection with its initial public offering on the Toronto Stock Exchange (TSX) of an aggregate of 22,400,000 subordinate voting shares and variable voting shares at a price of $6.25 per share, for total gross proceeds of $140 million.
Stingray is a leading business-to-business multi-platform music and in-store media solutions provider operating on a global scale, reaching an estimated 110 million Pay-TV subscribers (or households) in 111 countries.
The Davies team for this transaction included Olivier Désilets, Christine Lenis, Brian Kujavsky, Marie-Emmanuelle Vaillancourt and Valentina De Castris.
Related
Dec. 15, 2023 - In a positive development since our earlier bulletin, the U.S. House and Senate have decided to retain the exemptions from obligations imposed under section 16 of the Securities Exchange Act of 1934 that are relied upon by insiders of dual-listed Canadian public companies and other...
