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Client Work

Going Public Transaction For GURU Beverages

Fasken
Reading Time 1 minute read

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Client

GURU Beverages

On August 24, 2020, GURU Beverage announced it had entered into a letter of intent with Mira X Acquisition Corp. to complete the going public transaction of GURU. GURU also proceeded with a private placement financing of approximately $35 million in subscription receipts.

GURU is a Montréal-based company that pioneered the world's first natural plant-based energy drink in 1999. Headquartered in Montreal, Canada, GURU markets organic energy drinks in Canada and the United States with a distribution network of more than 15,000 points of sale.

A Fasken team led by Neil Kravitz and composed of Jean-Nicolas Delage, Christian Jacques, Claude Jodoin, Matthew Quadrini and Oleg Stratiev are advising GURU Beverage in connection with this transaction.

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