Form D · Other
LIFT CANNABIS CO. LTD.
Toronto, A6 · CIK 0001697783
Offering snapshot reported Feb 14, 2017 · SEC filing
- Reported sold
- $763K Offering amount: $763K
- Investors reported
- 1 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- Jan 27, 2017 As reported in this filing
What changed?
Latest filing versus its linked predecessor, where available.
No comparable changes in the displayed metrics.
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Feb 14, 2017 | Initial | $762,893 | No comparison | 1 | SEC filing |
Offering details
- Securities
- Equity, Debt, Option to acquire, Security to be acquired, Other
- Exemptions
- 06b
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $30.5K
- Finders' fees
- $0
- Form D file number
- 021-280629
U.S. dollar amounts are based on the Bank of Canada noon rate of exchange reported on January 27, 2017, which was Cdn$1.3108=US$1.00.
Each unit is comprised of one unsecured convertible debenture bearing interest at 1% per year and 200 warrants exercisable or convertible, as applicable, into equity securities of the issuer upon the occurrence of certain specified events.
In addition to cash commissions paid, brokers received 20,000 warrants exercisable into 1 unit of the issuer at an exercise price of Cdn$4.44 per warrant during the 24-months following the issuance. Each unit consists of 1 share and 1/2 of 1 warrant.
Sales compensation recipients
Scroll to see all columns →
| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| DUNDEE SECURITIES INC. | 39759 | DUNDEE SECURITIES LTD. |
Source: Form D, filed Feb 14, 2017. Minimum accepted may differ from a standard advertised minimum.
Fund connections
No confirmed ADV fund connection is available for this issuer.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| Matt Christopherson | Director |
| Matei Olaru | Director, Executive |
| Tyler Sookochoff | Director, Executive |
Issuer details
Industry: Other (See others in industry)
Address:
37 Bulwer Street
Toronto, A6, M5T 1A1
Toronto, A6, M5T 1A1