Aequitas Innovations has completed a “significantly oversubscribed” pre-launch share offering and received investments from British Columbia Investment Management Corporation (bcIMC) and Invesco Canada.
New shareholders representing investors and capital-raising companies also include Davis Rea Ltd, Vernon & Park Capital L.P., as well as individual investors and corporate directors Vincent Chahley, Perry Dellelce and Lloyd Swift. And new investors representing the dealer community include Jones Gable & Co Ltd, Maison Placements Canada Inc., BBS Securities Inc. and Don Ross, chairman of Jones Gable & Co Ltd.
Read: OSC approves Aequitas NEO Exchange
“I am very honoured and pleased to be able to welcome such a strong and diversified group of new shareholders,” says Jos Schmitt, president and CEO of Aequitas. “The over-subscription on our share offering gives us a clear vote of confidence in what we stand for and what we are working to achieve.”
The Aequitas NEO Exchange is scheduled to launch operations on March 27.
Founding shareholders include Barclays Corporation Limited, CI Investments, IGM Financial, ITG Canada, BCE, OMERS Capital Markets, PSP Public Markets, and RBC Dominion Securities.
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