Worldwide:
RiverFort Global Capital Arranges A Convertible Financing Agreement For Blackhawk Growth Corp., A CSE-listed Company, For Up To C$10 Million
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RiverFort Global Capital Ltd.
Fasken advised RiverFort Global Capital Ltd. on a convertible
credit facility financing agreement with Blackhawk Growth Corp. for
up to C$10 million. The proceeds are intended to be used to support
Blackhawk's research in Trip Pharma. Blackhawk will draw down
an initial tranche of C$2.5 million, maturing on November 22, 2023.
Subsequent drawdowns will be subject to the satisfaction of closing
conditions. In connection with each drawdown, warrants will also be
issued.
We advised RiverFort Global Capital Ltd. with a team led by Jodi
Katz, and included Thomas Wexler and Gabrielle Motuz.
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