Representative Work Representative Work

Mind Medicine in its US$175-million underwritten public offering and concurrent private placement

Osler represented Mind Medicine (MindMed) Inc. as Canadian counsel in connection with its US$175-million underwritten public offering and concurrent private placement. Leerink Partners and Cantor acted as joint bookrunning managers for the underwritten offering and placement agents for the...

Lead Office: Vancouver Date Announced: March 14, 2024 Value: US$175 million

MarineLabs in its closing of a $4.5 million seed funding round

On March 13, 2024, MarineLabs announced it closed a $4.5 million seed funding round led by BDC Capital’s Sustainability Venture Fund with participation from Seaspan Shipyards. MarineLabs plans to use the funding to advance CoastAware, their flagship product. CoastAware provides real-time weather...

Lead Office: Vancouver Date Announced: March 13, 2024 Value: $4.5 million

Joyride Technologies in its securing of $7 million in a Series A financing round

On March 12, 2024, Joyride Technologies announced it closed a $7 million Series A financing round. This round was led by Yamaha Motors and saw participation from Export Development Canada, Urban Innovation Fund, Proeza Ventures, and Two Small Fish Ventures. Joyride Technologies plans on...

Lead Office: Toronto Date Closed: March 12, 2024 Value: $7 million

Xos in its business combination with ElectraMeccanica

On January 11, 2024, Xos Inc. announced that it had entered into an agreement with ElectraMeccanica pursuant to which Xos will acquire all of the issued and outstanding common shares of ElectracMeccanica in an all-stock transaction. The transaction represents a unique opportunity for Xos to...

Lead Office: Toronto Date Closed: March 11, 2024 Value: -

PayShepherd in its closing of $7 million in a seed financing round

On March 6, 2024, PayShepherd announced its closing of $7 million in its second seed financing round. This all-equity financing round was led by Inovia Capital and saw participating from Nashville Capital Network, Thin Air Labs, Accelerate Fund III (a fund managed by Yaletown Partners with support...

Lead Office: Calgary Date Announced: March 6, 2024 Value: $7 million

Frontier Lithium Inc. in its Joint Venture with Mitsubishi Corporation to develop the PAK Lithium Project

On March 4, 2024, Frontier Lithium Inc. announced its definitive agreement with Mitsubishi Corporation to establish a joint venture partnership for the PAK Lithium Project mine and planned lithium chemicals conversion facility. This joint venture partnership delivers immediate and short-term...

Lead Office: Vancouver Date Closed: -- Value: $25 million

CDPQ on the sale of Plusgrade Inc., alongside Novacap to General Atlantic for more than US$1 billion

Osler advised Caisse de dépôt et placement du Québec (CDPQ) on the sale of Plusgrade Inc., alongside Novacap and certain other shareholders, to General Atlantic for more than US$1 billion. The transaction gives General Atlantic a stake of more than 50 per cent; CDPQ will remain a...

Lead Office: Montreal Date Closed: March 4, 2024 Value: US$1 billion

The agents in connection with First Capital REIT’s offering of $300 million Series B unsecured debentures

On March 1, 2024, First Capital REIT announced the closing of its offering of $300 million aggregate principal amount of Series B senior unsecured debentures on a private placement basis in certain provinces of Canada. The debentures were offered through a syndicate of agents co‐led by Desjardins...

Lead Office: Toronto Date Announced: March 1, 2024 Value: $300 million

Milestone Pharmaceuticals in its public offering of common shares and pre-funded warrants

On February 28, 2024, Milestone Pharmaceuticals announced its underwritten public offering of its common shares and pre-funded warrants with proceeds of approximately $30.0 million. Milestone Pharmaceuticals, headquartered in Montréal, Québec, is a biopharmaceutical company focused on the...

Lead Office: Montreal Date Announced: February 28, 2024 Value: $30 million

Ideogram in its closing of a $80 million Series A financing round

On February 28, 2024, Ideogram announced its closing of a $80 million Series A financing round. The company also released its update to its text-to-image generation platform and new subscription model. Ideogram is an artificial intelligence company whose platform offers state-of-the-art...

Lead Office: Toronto Date Closed: February 28, 2024 Value: 80 million