Pollitt & Co. Leads Brokered Private Placement of SPARQ Systems Inc.
Pollitt & Co. led the $12.4-million brokered private placement of SPARQ Systems Inc. (TSXV:SPRQ), a renewable energy company that designs and manufactures next generation single-phase microinverters for residential and commercial solar electric applications.
On June 7, 2024, SPARQ closed the second tranche of the brokered private placement of common shares for aggregate gross proceeds of approximately $7,580,390. The first tranche of the private placement for aggregate gross proceeds of approximately $4,775,498 closed on May 31, 2024. Pollitt & Co. received customary broker compensation under the private placement.
Aird & Berlis represented Pollitt & Co. with a team that included Liam Tracey-Raymont, Ryan Cohen and Annie Xie (Capital Markets), Timothy Lowman and Jonathan G. Adams (Intellectual Property) and Meghan Cowan (Employment).
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BioFull bio
Liam is a driven and forward-thinking corporate lawyer, with a passion for helping public and private clients achieve their growth objectives.
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BioFull bio
Ryan’s background in business gives him valuable insight and practical experience when representing clients on capital markets and securities ma...
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BioFull bio
Annie is inquisitive by nature and enjoys working on complex transactions.
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BioFull bio
Tim Lowman is head of the firm's Intellectual Property Group. Clients and colleagues consistently recommend him for his ability to achieve results in ...
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BioFull bio
Meghan assists clients with their litigation issues by thoroughly examining all aspects of a case and delivering practical solutions.
