July 14, 2009
ZENN Motor Company Inc. (TSXV: ZNN), a producer of fully electric low speed vehicles producing zero emission transportation solutions for markets around the world, completed a short form prospectus offering of 2,650,000 common shares at a price of $3.50 per share raising gross proceeds of $9,275,000. The common shares were sold with the assistance of a syndicate of agents led by Paradigm Capital Inc. and Thomas Weisel Partners Canada Inc. and including Versant Partners Inc.
Wildeboer Dellelce LLP acted for the agents in connection with the offering with a team that included Derek Sigel, Irene Kim, Mack Hosseinian (corporate/securities) and Kevin Fritz (tax).