Ether Capital’s $28.75 Million Private Placement

Osler, Hoskin & Harcourt LLP advised Ether Capital in its offering of units and concurrent private placement.

On March 15, 2021, Ether Capital Corporation completed an offering of units consisting of one common share and one-half of one common share purchase warrant. Concurrently, Ether Capital also completed an unbrokered private placement of units for gross proceeds of $28.75 million. The offering was led by a syndicate of underwriters, including Canaccord Genuity Corp., CIBC World Markets Inc., Cormark Securities Inc., PI Financial Corp. and M Partners Inc. Proceeds from the offering will be used to execute Ether Capital’s business strategy by investing in projects, protocols, technologies and businesses that leverage the Ethereum ecosystem and Web 3 technologies.

Ether Capital is a Toronto-based technology firm focused on providing public market exposure to the Ethereum and Web 3 ecosystem.

The Osler, Hoskin & Harcourt team consisted of Lori Stein (Picture), Rob Lando, Kevin Feng, Alexandra Alacchi, Kelsey Weiner, Andrew Aziz (Corporate), Matias Milet, Jennifer Lee, Emily Gilmour and Kaleigh Hawkins-Schulz (Taxation).



Involved fees earner: Alexandra Alacchi – Osler Hoskin & Harcourt; Andrew Aziz – Osler Hoskin & Harcourt; Kevin Feng – Osler Hoskin & Harcourt; Emily Gilmour – Osler Hoskin & Harcourt; Kaleigh Hawkins-Schulz – Osler Hoskin & Harcourt; Rob Lando – Osler Hoskin & Harcourt; Jennifer Lee – Osler Hoskin & Harcourt; Matias Milet – Osler Hoskin & Harcourt; Lori Stein – Osler Hoskin & Harcourt; Kelsey Weiner – Osler Hoskin & Harcourt;

Law Firms: Osler Hoskin & Harcourt;

Clients: Ether Capital;

Author: Martina Bellini