Skip to main content

PLEASE NOTE: For everyone’s safety, Fasken recommends anyone on-site at our Canadian offices be familiar with the COVID-19 recommendations in place which may include one or more of the following: social distancing, hand sanitizing, wearing a mask in common areas and proof of full vaccination. These measures apply to lawyers, staff, clients, service providers and other visitors.

Media Coverage

The Globe and Mail quotes Fasken Lawyers in an article on PIPEs

Fasken
Reading Time 1 minute read
Subscribe

Overview

“In volatile markets, companies tap a PIPE to cash” by Andrew Willis, The Globe and Mail

The Globe and Mail quotes Fasken lawyers in an article on PIPEs.

Law firm Fasken Martineau DuMoulin LLP does an annual survey of PIPE deals. It said in a recent report that such financing is well suited to uncertain conditions, including COVID-related market volatility. Writing before the outbreak of war in Europe, Faskens said: “We expect to see PIPE volumes remaining robust.”

“From the perspective of an investor, a PIPE can provide downside protection, an effective say in the business and upside gains,” the Fasken study said. “For issuers, a PIPE can act as an effective financing while securing a strategic partner, and in the case of those issuers facing tough times, allows for the raising of significant capital without selling the entire business at a depressed value.”

    Subscribe

    Receive email updates from our team

    Subscribe