Representative Matters

Willow Biosciences Completes Brokered Private Placement

On July 18, 2024, Willow Biosciences Inc. (TSX: WLLW; OTCQB: CANSF) (“Willow”), a leading biotechnology company focused on revolutionizing industrial manufacturing of pure, consistent and sustainable functional ingredients, completed its brokered private placement of units of the company at a price of $0.10 per unit.

The offering was conducted by Independent Trading Group (ITG) Inc., who acted as lead agent and sole bookrunner on a “best efforts” basis. Willow intends to use the proceeds of the offering to support its enzyme engineering of existing pipeline of products, strain engineering of existing pipeline of products, working capital requirements and general corporate purposes.

Aird & Berlis represented ITG with a team that included Adria Leung Lim, Ryan Cohen and Christian Nianiaris.