Coinsquare closes $30 million private placement of convertible debentures
Counsel to Canaccord Genuity Corp.
Lead by
Lawrence D. Wilder
Partner
Toronto
Adam Kline
Partner
Toronto
Andrew Gunpat
Associate
Toronto
Madison Derraugh
Associate
Toronto
On December 17, 2021, Coinsquare Ltd. (“Coinsquare”) completed a private placement offering of convertible debentures. A total of 30,000 debentures were issued at a price of C$1,000 per debenture generating aggregate proceeds of C$30 million. Canaccord Genuity Corp. (“Canaccord”) acted as sole bookrunner with respect to the transaction.
Coinsquare is a leading Canadian cryptocurrency platform.
Miller Thomson advised Canaccord on the transaction with a team comprised of Lawrence Wilder, Adam Kline, Andrew Gunpat and Madison Derraugh (Capital Markets).