On August 13, 2021, Oceanic Wind Energy Inc. closed the transaction. The transaction included participation from 13 investors including insiders for 665,517 units which includes Arthur Willms for 103,448 units, Dave Rehn for 103,448 units, Joe Houssian for 103,448 units, Michel O'Connor for 10,345 units and Philip Hughes for 344,828 units and pro group involvement of two investors, for 241,380 units.