Forrest Innovations and GoPublic.AI Acquisition close brokered private placement

December 16, 2021

On December 16, 2021, Forrest Innovations Ltd. (“Forrest”) and GoPublic.AI Acquisition Corp. (“GPAI”) closed the brokered private placement of subscription receipts of GPAI (“Subscription Receipt”), with Echelon Wealth Partners acting as sole agent and broker runner, for the sale of 2,704,423 Subscription Receipts at a price of $1.00 per Subscription Receipt (the “Offering Price”) for gross proceeds of $2,704,423 (the “Brokered Offering”).

Forrest is a private Israel-based biotechnology company focused on mosquito-borne disease eradication.

Miller Thomson represented Forrest with a team comprised of Ian Polisuk (Capital Markets).