Advisory: Going-Public (CPC) transaction
By:
Angus Management
15/06/2011
Keywords:
Venture
Going-Public (CPC) transaction – private,
pre-revenue, 9-person tech venture 'public market reverse takeover' as a CPC ‘qualifying transaction’
(“QT”), where the tech entrepreneur sold his ‘private’ tech company for stock
in the CPC – Responsibilities included quarterbacking the completion of: (1)
SRED-driven corporate and tax structuring of the deal, including all planning
and agreements; (2) a technical report defining the technology and its market
applications, which was necessary as there were no patent filings in-hand; (3)
three years of private company audits, and; (4) all necessary regulatory
filings, including the ‘filing statement’ and a definitive ‘share purchase and
sale agreement’. This was a part-time assignment. All work was completed
on-time and against a very short five (5) week timeline.
Keywords:
Venture