RIV Capital Completes Final Closing of Previously Announced Etain Transaction
Under the terms of the transaction, RIV Capital paid the remaining purchase price through a combination of approximately US$42 million in cash and the issuance of 5,273,084 Class A common shares in RIV Capital.
- Under the terms of the transaction, RIV Capital paid the remaining purchase price through a combination of approximately US$42 million in cash and the issuance of 5,273,084 Class A common shares in RIV Capital.
- Following the final closing, the former owners of Etain hold approximately 16% of the issued and outstanding Class A common shares of RIV Capital.
- BrandCo HoldCo, LLC ("HoldCo") announced today, pursuant to applicable requirements of Canadian securities laws, that it has acquired (the "Acquisition") 5,273,084 Class A common shares pursuant to the final closing of the Etain transaction.
- RIV Capital established the foundational building blocks of its active U.S. strategy with the announced Transaction.