Immutable Holdings’ $15 Million Private Placement

Miller Thomson advised Immutable Holdings on the private placement.

Immutable Holdings Inc. (NEO:HOLD) completed the second tranche of its upsized private placement of units (“Units”). The private placement was completed in two tranches on a brokered and non-brokered basis.

Together with the first tranche of the Offering, which closed on December 17, 2021, Immutable Holdings raised approximately $15.04 million through the issuance of 5,783,280 Units at a price of $2.60 per Unit under the Offering.

A syndicate of agents comprised of Stifel GMP, as lead agent, and Canaccord Genuity Corp., Eight Capital, Gravitas Securities Inc., Paradigm Capital Inc. and Beacon Securities Limited advised as brokers in the first tranche of the private placement.

Immutable Holdings is a publicly-traded blockchain holding company focused on democratizing access to Web3 and blockchain-based products and services.

The Miller Thomson team comprised of Kevin Refah (Picture), Jonathan Tong, Brandon Meyer and Mark Milanetti (Capital Markets & Securities), as well as Joshua Davis, Mark Sandor and Bailey Sprout (Students).


Involved fees earner: Brandon Meyer – Miller Thomson; Mark Milanetti – Miller Thomson; Kevin Refah – Miller Thomson; Jonathan Tong – Miller Thomson;

Law Firms: Miller Thomson;

Clients: Immutable Holdings Inc.;

Sonia Carcano

Author: Sonia Carcano