The Canadian Securities Administrators (“CSA”) recently made it easier and more cost-effective for issuers listed on a Canadian stock exchange to raise the greater of $5MM or 10% of the issuer’s market capitalization, up to a...more
A Canadian bill aimed at preventing modern slavery is currently awaiting approval and could come into force as early as January 2023. If passed, this law will create reporting obligations for both public and private entities...more
The OTC Markets Group published this week proposed amendments to the OTCQX Rules for U.S. Companies, U.S. Banks and International Companies. The rules will become effective on December 12, 2019; comments will be accepted...more
Many of our Canadian clients have decided to list their stock in the United States on the NYSE American exchange, instead of Nasdaq. Why? Stock price flexibility is a big factor....more
U.S. Developments - Florida Court of Appeals Rules That Direct Sales of Bitcoin Constituted Money Transmission and the Sale of Payment Instruments - Reversing the order issued by the Miami-Dade County Circuit Court, the...more