Bird Canada completes merger with Bird Global
Canada | January 18, 2023
Client: Bird Canada Inc.
A cross-border team advised Bird Canada Inc., an electric scooter and bike-sharing company, on its merger with Bird Global, Inc., its global platform partner. As part of the merger, Bird Canada received US$32m. In connection with the transaction, investors of Bird Canada purchased US$30m of convertibles notes of Bird Global and obtained certain board nomination rights, the board of directors of Bird Global was reconstituted and three Bird Canada executives joined the leadership ranks at Bird Global.
Bird Canada was founded in 2019 as Bird Global’s platform partner and through that arrangement, operated independently using Bird branding, vehicles, and technology to successfully establish micro-mobility programs across various Canadian cities.