Deveron Corp. in connection with a private placement
Canada | October 23, 2024
Client: Deveron Corp.
Our Toronto office acted as special counsel to Deveron Corp. (the “Company”), a company listed on the TSX Venture Exchange, in connection with closing the second tranche of a private placement of units of the Company consisting of common shares and common share purchase warrants.
The private placement was completed pursuant to a settlement agreement with certain dissident shareholders of the Company, one of whom was a current director of the Company, that had requisitioned a meeting of the Company’s shareholders. Our team advised the Company’s management team in negotiating the settlement with the dissident shareholders, completing the private placement and coordinating the allocation of units in accordance with the settlement agreement.
Deveron is a leading North American agriculture technology company that uses data and insights to help farmers and large agriculture enterprises increase yields, reduce costs and improve farm outcomes.
The private placement was completed pursuant to a settlement agreement with certain dissident shareholders of the Company, one of whom was a current director of the Company, that had requisitioned a meeting of the Company’s shareholders. Our team advised the Company’s management team in negotiating the settlement with the dissident shareholders, completing the private placement and coordinating the allocation of units in accordance with the settlement agreement.
Deveron is a leading North American agriculture technology company that uses data and insights to help farmers and large agriculture enterprises increase yields, reduce costs and improve farm outcomes.