Bulletin de la Bourse
Freshlocal Solutions Inc. (LOCL) inscrit à la Bourse de Toronto
Issuer: | Freshlocal Solutions Inc. (the "Company") |
Security: | Common shares (the "Shares") |
Symbol: | LOCL |
Number of securities issued and outstanding: | 43,787,883 Shares |
Number of securities reserved for issuance: | 8,226,786 Shares |
Listing category: | Industrial, Non-Exempt |
Trading currency: | CDN$ |
Listing and posted for trading date: | April 21, 2021 (at the opening) |
Transaction and Name Change: | Recently effected arrangement (the "Qualifying Transaction") involving Rainy Hollow Ventures Inc. ("Rainy Hollow"), a capital pool company listed on TSX Venture Exchange ("TSXV") (Symbol: RHV.P), and Sustainable Produce Urban Delivery Inc. ("SPUD"), a private corporation, and pursuant to which Rainy Hollow changed its name to Freshlocal Solutions Inc. As a result of the Qualifying Transaction, Rainy Hollow acquired all of the issued and outstanding common shares of SPUD, such that it became a wholly-owned subsidiary of Rainy Hollow. |
Consolidation: | Immediately prior to completion of the Qualifying Transaction, the common shares of Rainy Hollow were consolidated on the basis of one post-consolidated common share for every eight (8) common shares issued and outstanding immediately before the consolidation (the "Consolidation"). As a result of the Qualifying Transaction, shareholders of SPUD will receive one Share of the Company after giving effect to the Consolidation for every SPUD common share held immediately prior to the Qualifying Transaction. |
Other market(s): | The Shares have been listed on TSX Venture Exchange since March 12, 2018 under the symbol "RHV.P". The Shares will be delisted from TSX Venture Exchange on April 21, 2021, upon commencement of trading on Toronto Stock Exchange. |
Temporary market maker: | RBC Capital Markets |
Security ownership registration: | Uncertificated Issue – Non Certificated Inventory |
Investor relations: | Ian S. Tharp, CFA (416) 567-2563 ir@freshlocalsolutions.com |
Incorporation: | Business Corporations Act (British Columbia) |
Fiscal year end: | The Saturday closest to September 30 |
Nature of business: | The Company is a Vancouver-based company providing end-to-end grocery e-commerce solutions. |
Transfer agent and registrar: | Computershare Investor Services Inc., at its principal offices in Vancouver |
Dividends: | None anticipated in the foreseeable future |
Sponsorship: | Not applicable |
TSX contact: | Chris Birkett, Managing Director, Toronto Stock Exchange |