On July 12, 2021, Lumiera Health Inc closed the transaction. The transaction included participation from insiders of the company for CAD 170,000. The company paid finders fee of CAD 43,875 in cash and issued 1,755,000 non-transferable Finder's Warrants to IA Private Wealth and CAD 15,000 in cash and issued 600,000 non-transferable finder warrants to Primary Capital Inc. The warrants will expire on July 12, 2025. All securities issued in connection with the Private Placement will be subject to statutory hold period of four months and one day, expiring on November 13, 2021. The transaction included participation from 36 investors including insiders Simon Castonguay for 400,000 units, Carlos Ponce for 400,000 units, Kevin Cole for 400,000 units, Telebrome Inc. for 4,000,000 units and 9206-6816 Quebec Inc. for 1,600,000 million units.