- First and Goal Capital Corp. (FGCC.P) completes an initial public offering of 5.37 million common shares and begins listing on the TSXV
- It was at a price of $0.10 per share for gross proceeds of $537,750
- The net proceeds of the offering, plus previous funding, will be used to identify and evaluate assets or businesses for acquisition
- First and Goal commences trading on the exchange today, under the stock symbol “FGCC.P”
- First and Goal Capital Corp. (FGCC.P) is unchanged trading at $0.10 per share as of 2:52 p.m. EST
First and Goal Capital Corp. (FGCC.P) has completed an IPO of 5.37 million common shares and begins listing on the TSXV.
Shares were priced at $0.10 for gross proceeds of $537,750
First and Goal has raised total gross proceeds of $1,060,250 and has a total of 15,827,500 common shares issued and outstanding.
10,450,000 of the common shares are currently held in escrow.
The net proceeds of the offering, plus previous funding, will be used to identify and evaluate assets or businesses for acquisition.
First and Goal commences trading on the exchange today, under the stock symbol “FGCC.P”.
First and Goal granted to the agent involved non-transferable warrants to acquire up to 509,000 common shares.
Each warrant is exercisable to acquire one common share at a price of $0.10 per common share for, at the latest, five years after initially listing.
First and Goal will also grant stock options to directors and officers exercisable to acquire up to 537,750 common shares.
The options can acquire one common share at a price of $0.10 per common share before January 11, 2032.
First and Goal is a capital pool company that has not commenced commercial operations and has no assets other than cash.
First and Goal Capital Corp. (FGCC.P) is unchanged trading at $0.10 per share as of 2:52 p.m. EST.