Wildeboer Dellelce LLP acts for Canada’s first two Growth Acquisition Corporations to be listed on the NEO Exchange

April 15, 2021

WD Growth I Corp. (“WD Growth”) and Canaccord Genuity G Ventures Corp. (“CGGV”) have each filed a preliminary prospectus for initial public offerings of a newly-organized Growth Acquisition Corporation (“G-Corp™”) formed for the purpose of effecting an acquisition of one or more businesses within 24 months from closing.

Developed jointly by the NEO Exchange, WD Growth and its sponsor, WDC Investments I Inc., the G-Corp™ is a publicly traded acquisition vehicle permitted to raise up to $30 million pursuant to an initial public offering. In addition to its size, what makes the G-Corp™ different from conventional SPACs is that the holders of its Class A Restricted Voting Shares will not have a right to redeem their shares but, rather, the completion of the qualifying transaction will be subject to the approval of the holders of a majority of such shares.

Evolving markets have created an opportunity to list acquisition vehicles designed to meet the needs of earlier stage and mid-market companies. The novel structure of the G-Corp™ provides the market with an alternative to other listing vehicles that tend to focus on either micro or mega-cap companies.

Wildeboer Dellelce LLP is acting as legal counsel to each of WD Growth and CGGV and Blake, Cassels & Graydon LLP is acting as legal counsel to the Underwriters.


WD Growth I Corp. and Canaccord Genuity G Ventures Corp.


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