Alignvest Acquisition Corporation

The underwriters in the $259 million initial public offering by Alignvest Acquisition Corporation, a TSX listed special purpose acquisition corporation

Client

The underwriters

Value

$259 million

Service

Capital Markets

Date Closed

July 2015

Lead Office

Toronto

On July 7, 2015, Alignvest Acquisition Corporation (the “Issuer”) completed its initial public offering of Class A Restricted Voting Units for gross proceeds of approximately $259 million.  The Issuer is listed on the TSX and is a special purpose acquisition corporation formed for the purpose of effecting a qualifying acquisition.  The offering was made through a syndicate of underwriters led by TD Securities Inc. and Cantor Fitzgerald & Co., and including BMO Nesbitt Burns Inc. and CIBC World Markets Inc.

The underwriters were represented by Osler with a team including Jeremy Fraiberg, Ryan Sakamoto and Rebecca Wainstein (corporate finance and securities).