On February 24, 2021, Goodfood Market Corp. (“Goodfood”) closed a bought deal public offering for aggregate gross proceeds of C$60 million. Goodfood intends to use the net proceeds of the offering to fund capital and operational projects, pursue the build out of same-day delivery capabilities in other metropolitan areas through fulfilment technology and automation equipment, and for general corporate purposes.
The offering was made in conjunction with a syndicate of underwriters, co-led by Desjardins Capital Markets and RBC Dominion Securities Inc., and including Stifel Nicolaus Canada Inc., National Bank Financial Inc., CIBC World Markets Inc., Scotia Capital Inc., Raymond James Ltd., Canaccord Genuity Corp. and Eight Capital.
The Fasken team that advised Goodfood Market Corp. was composed of Neil Kravitz, Caitlin Rose, Matthew Quadrini, Alexandra Freedman and Nancy Xiaoyu Liu.
Jurisdiction
- Québec
