G-Corp™

Investors in a G-Corp™ are provided with the opportunity to invest in an experienced management team seeking to acquire or merge with high-potential growth companies, while benefitting from thoughtful investor protection mechanisms.

Other similar listed vehicles fail to address the unique mid-market growth company opportunity and, in the case of a Capital Pool Company (“CPC”), may expose investors to significant risks.

Cboe Canada’s existing SPAC program has informed the structure of the G-Corp, ensuring a rigorous process and investor protection to enable quality transactions, but designed specifically for mid-market growth companies.

G-Corp™ Key Features

• A minimum IPO of at least $2,000,000, 100% of which must be held in escrow
• Founders’ equity ownership in the G-Corp of not more than 20% immediately following the closing of the IPO excluding any securities purchased at or prior to the closing of the IPO at not less than the IPO price
• A minimum investment by the founders, ensuring at least $300,000 of free working capital
• A Qualifying Transaction (“QT”) identified within 24 months, completed within 27 months
• A resulting issuer that has a market capitalization of at least $30,000,000 and meets initial listing standards (senior issuer) for the NEO Exchange
• A prospectus in connection with the IPO and QT
• No redemption feature at the time of the QT, but the QT is subject to shareholder approval, excluding any holders of non-IPO securities
• In the event the G-Corp fails to complete a QT within the permitted time, the escrowed funds will be returned to the investors on a pro rata basis