Stack Capital Group Inc. Closes Best Efforts Brokered Financing and Concurrent Brokered Private Placement for Total Gross Proceeds of $40,000,000
Counsel to Stack Capital Group
Stack Capital Group Inc. (“Stack”) completed a “best efforts” brokered private placement on March 31, 2026 pursuant to the listed issuer financing exemption and a concurrent brokered private placement on April 10, 2026, for total gross proceeds of $40,000,000 (collectively, the “Offering”).
The Offering was led by Canaccord Genuity Corp., as lead agent and sole bookrunner, together with a syndicate of agents including Raymond James Ltd., TD Securities Inc. and RBC Capital Markets, as co-lead managers, and Wellington-Altus Private Wealth Inc., CIBC World Markets Inc., National Bank Financial Inc., Scotia Capital Inc., and Ventum Capital Markets.
Stack is a TSX-listed issuer that focuses on investing in some of the world’s most innovative growth and late-stage private businesses while they are private companies before they become public with the ability to continue holding them as public companies.
Miller Thomson advised Stack with a team comprised of Alex Bruvels, Bruno Caron, Connor Broude, Wendy Wang (Capital Markets/Securities) and Anca Nitu (Paraprofessional), along with the assistance of Radhapriya Chawla and Sean Kim (Articling Students).