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: https://www.newswire.ca/news-releases/tribe-property-technologies-closes-oversubscribed-brokered-financing-of-21-million-with-strategic-investment-from-round13-growth-fund-864349815.html