BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQB: BBKCF; WKN: A2PS9W), completed a bought deal public offering of 13,800,000 units (the “Units”) of the Company at a price of $2.10 per Unit, for aggregate gross proceeds of C$28,980,000 (the “Offering”). The Offering was conducted by a syndicate of underwriters led by PI Financial Corp. and included Canaccord Genuity Corp. and Echelon Wealth Partners. The Units issued under the Offering were offered by way of a short form prospectus filed in each of the provinces of Canada (other than Québec).
BIGG is a Vancouver-based compliance-first crypto company hoping to revolutionize the crypto environment so that it’s safe, compliant and regulated. BIGG owns two operating companies: Blockchain Intelligence Group and Netcoins.
The Company plans to use the proceeds from the Offering for cryptocurrency trading floats for Netcoins and working capital.
Fasken advised a syndicate of investors led by PI Financial Corp., with a team led by Mike Stephens and Martin Ferreira Pinho and included Brandon Deans (Corporate Finance & Securities) and Zaira Petruf (Due Diligence).
BIGG is a Vancouver-based compliance-first crypto company hoping to revolutionize the crypto environment so that it’s safe, compliant and regulated. BIGG owns two operating companies: Blockchain Intelligence Group and Netcoins.
The Company plans to use the proceeds from the Offering for cryptocurrency trading floats for Netcoins and working capital.
Fasken advised a syndicate of investors led by PI Financial Corp., with a team led by Mike Stephens and Martin Ferreira Pinho and included Brandon Deans (Corporate Finance & Securities) and Zaira Petruf (Due Diligence).
Jurisdiction
- British Columbia
