Innova Gaming Group Inc.

Innova Gaming Group Inc. in its Initial Public Offering and Listing on the TSX

Client

Innova Gaming Group Inc.

Value

$50 million

Service

Capital Markets

Date Closed

May 2015

Lead Office

Montréal


On May 5, 2015, Innova Gaming Group Inc. completed its initial public offering of its common shares in Canada which consisted of the issuance and sale by Innova of 3,750,000 shares for aggregate gross proceeds to Innova of approximately CDN$15 million and the sale by Amaya Inc. of 8,520,000 shares for aggregate gross proceeds to Amaya of approximately CDN$34.1 million. Innova was listed on the TSX and commenced trading on May 5, 2015 under the symbol “IGG”.  

The Offering was made through a syndicate of underwriters led by Canaccord Gentuiy Corp. and including Cantor Fiztgerald Canada Corporation, Cormark Securities Inc., Desjardins Securities Inc., Dundee Securities Ltd. and Clarus Securities Inc.

Innova was represented externally by Osler on Canadian matters with a team consisting of Eric Levy, Bastien Gauthier and Jeremy Brisset (Corporate Finance and Securities); and Manon Thivierge (Tax), and on US matters by Jason Comerford (Corporate Finance and Securities).


Team
Eric M. Levy
Key Contact

Eric M. Levy

Partner, Corporate

Bastien  Gauthier

Bastien Gauthier

Partner, Corporate

Jeremy Brisset

Jeremy Brisset

Associate, Corporate

Jason  Comerford

Jason Comerford

Partner, Corporate

Manon Thivierge

Manon Thivierge

Partner, Taxation