Flow Capital Announces That Its Equity Ownership Position in Leveljump Healthcare Corp Has Fallen Below 10%
19 1월 2021 - 1:00AM
Flow Capital Corp. (TSXV: FW) (“Flow Capital” or the “Company”)
announces pursuant to the requirements of National Instrument
62-103 - The Early Warning System and Related Take-Over Bid and
Insider Reporting Issues and applicable Canadian securities
legislation that on December 7, 2020, the Company acquired
ownership of 4,400,000 common shares (the “Common Shares”) of
Leveljump (TSXV: JUMP) ("Leveljump"), representing a security
holding percentage of the Company in Leveljump of 10.9%, and
between January 5 and January 13, 2021, the Company completed
dispositions of 373,333 Common Shares, reducing the Company’s
security holding percentage in Leveljump from 10.9% to 9.98%.
The Company acquired the 4,400,000 Common Shares
at a deemed value of $0.45 per Common Share in connection with the
business combination of Leveljump (formerly Good2Go2 Corp.) and
Canadian Teleradiology Services, Inc. (“CTS”), pursuant to a buyout
of the Company’s royalty investment in CTS.
Between January 5 and January 13, 2021, the
Company completed dispositions of 373,333 Common Shares at an
average price of $0.49 per Common Share on the TSX Venture Exchange
where Leveljump’s Common Shares are listed for trading. The
dispositions of the Common Shares were undertaken by the Company as
part of its strategy to monetize non-core assets to fund capital
and operational expenditures for its core assets. As a result, the
Company’s security holding percentage in Leveljump has fallen to
9.98% or 4,026,667 Common Shares.
Since the Company’s security holding percentage
of Leveljump is now below 10%, following the filing of the early
warning report in connection with the dispositions, the Company
will no longer file early warning or insider reports in respect of
its ownership of Leveljump’s securities, except as may be required
by applicable law. Following the disposition, the Company continues
to have ownership of 4,026,667 Common Shares.
While the Company has no current plans or
intentions relating to Leveljump securities, depending on various
factors including, without limitation, Leveljump’s financial
position, the price levels of the securities of Leveljump,
conditions in the securities markets and general economic and
industry conditions, Leveljump’s business or financial condition,
and other factors and conditions deemed appropriate, the Company
may acquire or dispose of additional securities of Leveljump in the
future but has no current plans or future intentions to do so.
An early warning report pursuant to the
requirements of applicable securities laws has been filed by the
Company and is posted to Leveljump’s SEDAR profile at
www.sedar.com.
About Flow Capital
Flow Capital Corp. is a diversified alternative asset investor,
specializing in providing minimally dilutive capital to high-growth
businesses. To apply for financing, visit www.flowcap.com.
For further information, please contact:
Flow Capital Corp.
Alex BalutaChief Executive Officeralex@flowcap.com
1 Adelaide Street East, Suite 3002,PO Box 171,Toronto, Ontario
M5C 2V9
Leveljump Healthcare (TSXV:JUMP)
과거 데이터 주식 차트
부터 12월(12) 2024 으로 1월(1) 2025
Leveljump Healthcare (TSXV:JUMP)
과거 데이터 주식 차트
부터 1월(1) 2024 으로 1월(1) 2025