Sonder lowers valuation expectations for SPAC deal amid market conditions
As part of its reverse takeover deal, travel tech company Sonder has changed its valuation from its original estimate of $2.2…
Markets
Lumira Ventures latest Canadian VC to jump on SPAC trend in pursuit of US medtech firms
A newly formed special purpose acquisition company (SPAC) with executives from and backed by Canada’s Lumira Ventures set…
D2L cuts size, pricing of TSX IPO
Kitchener-Waterloo-based e-learning software company D2L has reduced the size and pricing of its planned initial public offering…
Shopify increases revenues and gross profits, posts operating loss in Q3 2021
Shopify posted total revenue of $1.12 billion, up 46 percent year-over-year as it announced its third-quarter results for 2021.…
Hootsuite plans to IPO before Christmas, raise $200 million on TSX
Hootsuite is finalizing its preparations to go public on the Toronto Stock Exchange before the end of the year, BetaKit has…
Q4 Inc. CEO downplays IPO concerns after going public, sets sights on M&A to fuel growth
Despite downsizing its offering and experiencing an underwhelming Toronto Stock Exchange (TSX) debut, Q4 Inc. is not deterred,…
Magnet Forensics files for $950 million CAD offering for “financing flexibility”
The digital investigation software startup Magnet Forensics has filed a preliminary short form base shelf prospectus and is…
Q4 Inc. makes TSX debut, joining growing wave of Canadian tech IPOs
Investor relations software firm Q4 Inc. has begun trading on the Toronto Stock Exchange (TSX). Q4 is listed on the TSX under…
Q4 Inc. reduces TSX IPO target following weaker than expected investor demand
Investor relations software provider Q4 Inc. has cut the size and pricing of its planned initial public offering (IPO) on the…
Penn National completes $2 billion acquisition of theScore
Pennsylvania-based Penn National Gaming, an operator of casinos and racetracks, has completed its acquisition of Score Media…
Following $61 million TSX IPO, Propel Holdings eyes US expansion
Toronto-based FinTech startup Propel Holdings closed its IPO on the Toronto Stock Exchange, raising $61 million. The shares…
Axis Auto Finance lands $15 million to roll out digital loan product
Axis Auto Finance Inc., a Mississauga-based lender that describes itself as a FinTech servicing the alternative auto finance…
Online vehicle auction marketplace E Automotive revs up IPO plans
E Automotive, an online vehicle auction marketplace, is planning to go public on the Toronto Stock Exchange. The company has…
FinTech startup Propel Holdings aims to raise $60 million in TSX IPO
Toronto-based FinTech startup Propel Holdings is launching an Initial Public Offering (IPO) on the Toronto Stock Exchange,…
EdTech startup Thinkific files offering with potential to raise $300 million
The EdTech startup Thinkific Labs Inc. has filed a preliminary and final short form base shelf prospectus that would offer…