Transactions

Overview

QYOU Media Inc. Completes $3.2 Million Public Offering

QYOU Media Inc. (TSXV: QYOU), a growing global media company in the business of curating, producing and distributing premium content and managing influencer marketing campaigns for major film studios, gaming companies and other consumer brands, completed a prospectus supplement public offering, including the partial exercise of the agent’s over-allotment option, of a total of 25,600,000 units and 1,920,000 warrants, for aggregate gross proceeds of $3.2 million. Clarus Securities Inc. acted as lead agent and sole bookrunner in respect of the public offering.

The company also completed a concurrent private placement of 1,840,000 units for aggregate gross proceeds of $230,000 to accommodate certain long-term investors of the company who do not reside in the jurisdictions in which the public offering occurred.

Wildeboer Dellelce LLP acted for QYOU Media Inc. in connection with the offerings with a team that included Perry Dellelce, Rebecca Cochrane, Natalie Tershakowec, Julian Lupo and Bronwyn Newell (corporate/securities), Katy Pitch and Marija Tasevska (tax).