On May 16, 2024, 1319472 B.C. Ltd (“131”) announced that they had successfully closed Metaworld Corporation’s (dba Syntheia) brokered private placement offering of subscription receipts through the issuance of 8,144,199 Subscription Receipts for gross proceeds of $2,850,469.65.
The subscription receipt financing was brokered by First Republic Capital Corp. as lead agent and Hampton Securities Ltd.
Founded in 2021, Syntheia is a Canadian-based AI technology company operating, developing, and commercializing conversational AI technology. Syntheia is pioneering the development of conversational Artificial Intelligence – NLP (natural language processing).
Miller Thomson advised First Republic Capital Corporation and Hampton Securities Ltd. with a team comprised of Ian Polisuk, Connor Broude (Corporate/M&A), Sandra Wright, Wendy Wang and Amanjot Saral (Students).
