On December 22, 2021, Backstageplay Inc. closed the transaction. The transaction included participation from 10 investors including Simon Collins for 871,795 units and Red Thread Ventures for 358,379 units. The shares and warrants are subject to a statutory hold period of four months and a day, expiring on April 22, 2022. The transaction remains subject to final Exchange approval and has received TSX Venture Exchange's conditional approval. The filing documentation with respect to the transaction has been accepted by TSX Venture Exchange.