On April 12, 2022, FRNT Financial Inc., a Toronto based next-generation capital markets platform specializing in cryptocurrency and alternative markets, closed a initial public offering of 4,000,000 common shares at a price of $1.50 per common share for gross proceeds of $6 million.
The offering was conducted by PI Financial Corp. as lead agent on behalf of a syndicate of agents, including Canaccord Genuity Corp. and Haywood Securities Inc.
FRNT is expected to commence trading on the TSX Venture Exchange under the ticker symbol “FRNT” on April 19, 2022.
Cassels acted for FRNT.