Exchange Bulletin
Evolve Artificial Intelligence Fund (ARTI) To Trade On Toronto Stock Exchange
March 21, 2024
Issuer: Evolve Artificial Intelligence Fund ("Evolve ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Hedged Canadian dollar denominated units (the "CAD Hedged Units") |
ARTI | 100,000 | None | C$10.00 |
| Listing category: | Non-Corporate |
| Trading currency of CAD Hedged Units: | CDN$ |
| Transaction: | Initial public offering (the "Offering") of CAD Hedged Units. |
| Anticipated closing date: | March 22, 2024 |
| Listing date: | March 22, 2024 (as at 5:01 p.m.) in anticipation of closing of the Offering. |
| Posted for trading date: | March 25, 2024 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | National Bank Financial Inc. |
| Investor relations: | Elliot Johnson Tel: (416) 558-6661 Email: ejohnson@evolveetfs.com - and - Keith Crone Tel: (416) 697-5152 Email: kcrone@evolveetfs.com |
| Incorporation: | Exchange traded mutual fund established under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated as of March 18, 2024. |
| Manager and Trustee: | Evolve Funds Group Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | Evolve ETF seeks to provide exposure to securities of publicly traded issuers that the Manager has determined are expected to benefit from increased adoption of AI. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Dividends: | Cash distributions of income, if any, on the CAD Hedged Units will be paid annually. |
| Sponsorship: | Not applicable. |
| Offering document: | Prospectus dated March 18, 2024 (the "Prospectus"), which is available at www.sedarplus.ca. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 100,000 CAD Hedged Units will be issued at a subscription price of C$10.00 per CAD Hedged Unit. Evolve ETF is authorized to issue an unlimited number of CAD Hedged Units, each of which represents an equal, undivided interest in the net assets of Evolve ETF and there is no minimum number of CAD Hedged Units that may be offered. |
| TSX contact: | Selma Thaver, Managing Director, TSX Listings |