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BIG DEAL: Tribe Property Technologies Inc. closes Oversubscribed $21 million Private Placement Offering with Strategic Investment from Round13 Growth Fund

Jan 17, 2022

Tribe Property Technologies Inc. (TSXV:TRBE) (OTCQB:TRPTF), a property technology company that is digitizing the traditional property management industry, closed an oversubscribed $21 million private placement of units. Round13 Growth Fund, a highly respected, late-stage growth equity investment fund, part of the Round13 Capital family of funds, was the lead investor for the financing and subscribed for $10 million worth of units. The offering was led by Stifel GMP as sole bookrunner, together with Cormark Securities Inc. as co-lead agents, and with a syndicate that included Laurentian Bank Securities, Eight Capital, and PI Financial Corp.

Minden Gross LLP acted for the syndicate of agents with a team comprised of Andrew Elbaz (Partner), Zohar Barzilai (Associate), Alexander Katznelson (Associate), Zachary Janes (Associate), Abi Uthirakumaran (Student-at-Law), and Lynd Hutchison (Law Clerk) – Securities and Capital Markets.

Media release:

Image: Andrew Elbaz - Securities and Capital Markets

Image: Zohar Barzilai - Securities and Capital Markets Lawyer

Image: Alexander Katznelson, Business Law Lawyer

Image: Zachary Janes - Securities and Capital Markets and Business Law Lawyer

Abi Uthirakumaran