TSX-V Archives - Thauli Law https://www.thaulilaw.ca/category/tsx-v/ Vancouver lawyer - top quality legal advice and representation Wed, 06 Jul 2022 00:14:38 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.1 New TSX-V Capital Pool Company (CPC) Rules in Effect https://www.thaulilaw.ca/2021/04/16/new-tsx-v-capital-pool-company-cpc-rules-in-effect/ Fri, 16 Apr 2021 17:28:43 +0000 https://www.thaulilaw.ca/?p=10205 This article entitled, “New and Improved TSX-V Capital Pool Company Program Rules Now in Effect” was prepared by James Leech and Michael J. Hanley of Torkin Manes LLP and posted on January 15, 2021. Their article provides a helpful summary of the new CPC rules. One of the significant changes is that the deadline of...

The post New TSX-V Capital Pool Company (CPC) Rules in Effect appeared first on Thauli Law.

]]> This article entitled, “New and Improved TSX-V Capital Pool Company Program Rules Now in Effect” was prepared by James Leech and Michael J. Hanley of Torkin Manes LLP and posted on January 15, 2021. Their article provides a helpful summary of the new CPC rules. One of the significant changes is that the deadline of 24 months for a CPC to complete a Qualifying Transaction no longer applies. Other rules have also been relaxed, including lower distribution and public float requirements, a reduced escrow period, and relaxed director and officer requirements. This is good news for companies wishing to list a shell while searching for an appropriate qualifying transaction.

The post New TSX-V Capital Pool Company (CPC) Rules in Effect appeared first on Thauli Law.

]]>