FTH

Field Trip Announces Closing of Plan of Arrangement and $19.9 Million Private Placement Financing

Retrieved on: 
Thursday, August 11, 2022

TORONTO, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Reunion Neuroscience Inc., (formerly, Field Trip Health Ltd.) (TSX: FTRP, Nasdaq: FTRP) (the “Company”), and Field Trip Health & Wellness Ltd. ("Field Trip H&W") are pleased to announce the closing of the plan of arrangement spinout transaction, including the corporate reorganization effected thereby, effective August 11, 2022 (the "Arrangement"). Pursuant to the Arrangement, holders of common shares of the Company ("Company Shares") exchanged their Company Shares for one new common share of the Company (the "Reunion Shares") and received 0.85983356 of a Field Trip H&W common share ("FTHW Shares"). Following such exchange, the Reunion Shares were consolidated on the basis of one (1) post-consolidation Reunion Share for every five (5) pre-consolidation Reunion Shares and the Company changed its name to "Reunion Neuroscience Inc.".

Key Points: 
  • Field Trip H&W anticipates that the first day of trading will occur on or about August 17, 2022.
  • In addition, Field Trip H&W has completed a brokered private placement offering of 4,400,000 subscription receipts of Field Trip H&W (the "Subscription Receipt") at a price of $0.50 per Subscription Receipt, for total aggregate gross proceeds of $2,200,000 (the "Subscription Receipt Offering").
  • In connection with the Arrangement, Field Trip H&W has adopted an advance notice by-law which requires advance notice to Field Trip H&W in circumstances where nominations of persons for election to the board of directors are made by shareholders of Field Trip H&W.
  • The Company had previously received TSX Venture Exchange conditional listing approval for the spinout transaction of its clinics business into Field Trip H&W, pursuant to the Arrangement involving Field Trip and Field Trip H&W.

FOCUS Investment Banking Represents ACCSCIENT, LLC. in its Acquisition of IntraSystems, Inc.

Retrieved on: 
Saturday, January 29, 2022

The acquisition of IntraSystems supports ACCSCIENT's goal of building up its organization and continuing its growth and success.

Key Points: 
  • The acquisition of IntraSystems supports ACCSCIENT's goal of building up its organization and continuing its growth and success.
  • "IntraSytems is our fifth closed transaction with FTH, and we are honored to be part of the company's exciting growth story.
  • FOCUS' Software and IT Team has advised hundreds of leading software and information technology services businesses.
  • Securities transactions conducted by FOCUS Securities LLC, an affiliated company, registered Broker Dealer, member FINRA/SIPC.

New Ownership Group Acquires Vincent Printing

Retrieved on: 
Wednesday, January 12, 2022

As part of the acquisition, the ownership group has named a management team to lead Vincent Printing going forward.

Key Points: 
  • As part of the acquisition, the ownership group has named a management team to lead Vincent Printing going forward.
  • "Today is an exciting day for the future of Vincent Printing, our employees, and the customers we passionately serve every day," said Beau Wells, CEO of Vincent Printing.
  • Headquartered in Chattanooga, Tenn., Vincent Printing is a full-service printing company that specializes in large-format printing solutions for the outdoor, retail, sports, and transit industries.
  • Today, Vincent Printing helps customers tailor their brand campaigns to push the limits of what a print medium can be.