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LifeSpeak Inc. completes acquisition of LIFT Digital Inc.

Fasken
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Overview

Client

LifeSpeak Inc.

On October 8, 2021, LifeSpeak Inc. (TSX:LSPK), a leading software-as-a-service provider of a platform for mental health and total well being, acquired all of the issued and outstanding shares of Montreal-based LIFT Digital Inc., a digital fitness platform that offers premium virtual fitness services, for total consideration of C$15,000,000, including the issuance of 549,976 common shares of LifeSpeak Inc. issued at $10 per share. The acquisition was completed pursuant to a share purchase and sale agreement.

Fasken advised LifeSpeak Inc. with a team led by Gordon Raman and including Justine Connors, Taisha Lewis, Onyi Ubah, Anthony Russo (Corporate Commercial), Mitchell Thaw (Tax), Shane Todd (Labour, Employment and Human Rights), Armand Benitah and Nathan Haldane (Intellectual Property).

Jurisdictions

  • Ontario
  • Québec

Team

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