CoinAnalyst closes reverse takeover

Counsel to Coin Analyst UG

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On October 26, 2021, CoinAnalyst Corp. (CSE: COYX) (formerly, “Brandenburg Energy Corp.”) (“CoinAnalyst”) announced the closing of its business combination (the “Business Combination”) pursuant to which, among other things, CoinAnalyst acquired all of the outstanding shares of Coin Analyst UG (the “Target”) in exchange for its own common shares (“CoinAnalyst Shares”).

In connection with the Business Combination, CoinAnalyst completed two three-cornered amalgamations, one including 2864021 Ontario Inc. (“Subco 1”), a wholly owned subsidiary of CoinAnalyst, and 2864014 Ontario Inc. (“Newco”), a special purpose corporation that, prior to the completion of the amalgamation, acquired all of the outstanding shares of the Target in exchange for common shares of Newco; and the other including 2864025 Ontario Inc. (“Subco 2”), a wholly owned subsidiary of the CoinAnalyst, and 2828329 Ontario Inc. (“Finco”), a special purpose financing vehicle incorporated to complete a Subscription Receipt Financing and Finco Share Financing.

CoinAnalyst expects to commence trading on the Canadian Securities Exchange on or about Monday, November 1, 2021 under the symbol “COYX.”

CoinAnalyst now focuses on the business of the Target, which includes an artificial intelligence (“AI”)-based big data analytics platform (the “Platform”) that enables investors in the digital asset sector and other industries to access a dashboard. The dashboard monitors and analyzes real-time data from the digital asset market (Coins/Tokens/NFTs/initial offerings).

Miller Thomson advised Coin Analyst UG in the Business Combination with a team comprised of Ian Polisuk (Capital Markets & Securities) as well as Vincent Alaimo (Student).

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