representative work

Quisitive Completes Strategic Investment by FAX Capital


On March 22, 2021, Quisitive Technology Solutions, Inc. completed a non-brokered private placement financing with FAX Capital Corp. of 16,000,000 common shares of Quisitive at a price of $1.25 per share for total gross proceeds of $20 million.

In connection with the financing, Quisitive agreed, subject to certain conditions, to provide FAX the right to nominate one member to the board of directors of Quisitive, a pre-emptive right to participate in future offerings of securities of Quisitive and registration rights with respect to its common shares.

Cassels acted for Quisitive.