Digital Assets and Blockchain

Ether Capital in its offering of units and concurrent private placement

Ether Capital
Team
Kevin Feng

Associate, Corporate, Toronto

Matias Milet

Partner, Tax, Toronto

Rob Lando

New York Managing Partner, New York

Andrew W. Aziz

Partner, Corporate, Toronto

Emily Gilmour

Associate, Tax, Toronto

Alexandra Alacchi

Associate, Corporate, Toronto

 

On March 15, 2021, Ether Capital Corporation completed an offering of units consisting of one common share and one-half of one common share purchase warrant. Concurrently, Ether Capital also completed an unbrokered private placement of units for gross proceeds of $28.75 million. The offering was led by a syndicate of underwriters, including Canaccord Genuity Corp., CIBC World Markets Inc., Cormark Securities Inc., PI Financial Corp. and M Partners Inc. Proceeds from the offering will be used to execute Ether Capital’s business strategy by investing in projects, protocols, technologies and businesses that leverage the Ethereum ecosystem and Web 3 technologies.

Ether Capital is a Toronto-based technology firm focused on providing public market exposure to the Ethereum and Web 3 ecosystem.

Osler, Hoskin & Harcourt LLP advised Ether Capital with a team consisting of Lori Stein, Rob Lando, Kevin Feng, Alexandra Alacchi, Kelsey Weiner, Andrew Aziz (Corporate), Matias Milet, Jennifer Lee, Emily Gilmour and Kaleigh Hawkins-Schulz (Taxation).

Value
$28.75 million
Date Closed
March 15, 2021
Lead Office
Toronto
Team
Kevin Feng

Associate, Corporate, Toronto

Matias Milet

Partner, Tax, Toronto

Rob Lando

New York Managing Partner, New York

Andrew W. Aziz

Partner, Corporate, Toronto

Emily Gilmour

Associate, Tax, Toronto

Alexandra Alacchi

Associate, Corporate, Toronto