On August 21, 2020, Last Mile Holdings Ltd. (TSXV:MILE) closed the transaction. The company has issued 70,723,078 units for the gross proceeds of CAD 5,304,230 in its second and final tranche. The transaction included participation from Louis Lucido, chairman of the company for the gross proceeds of CAD 2,190,312.525. The warrants issued in the transaction can be exercisable in to common shares until August 19, 2022. The company has paid CAD 187,132 and 2,495,101 broker warrants to certain finders in its second tranche. All shares and warrants issued in the first tranche are subject to a four-month hold period, expiring December 22, 2020. The company announced that TSX venture exchange has accepted filling documentation for the transaction. The transaction included participation from 117 placees and pro-group involvement. The transaction included insider, Louis Lucido, chairman for 29,204,167 units and pro-group involvement for 4,690,000 units. The transaction included finders Mackie Research Capital Corporation for CAD 40,440.23 cash and 539,203 broker warrants, Canaccord Genuity Capital Markets for CAD 98,541.10 cash and 1,684,200 broker warrants, Eventus Capital Corp for CAD126,315 cash and 1,684,200 broker warrants, Ullman Wealth Management for CAD14,000 cash and 189,667 broker warrants.