On January 14, 2022, Tribe Property Technologies Inc. closed a brokered financing at a price of $4.00 per unit for an aggregate gross proceeds of $21 million, which included the full exercise of the agents’ overallotment option. 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.
Cassels acted for Tribe.