On August 17, 2022, Skylight Health Group Inc. closed the transaction. The company has issued 2,355 units for gross proceeds of CAD 2,355,000. The company has received its second and final tranche.

The company has issued 855 units for gross proceeds of CAD 855,000 in the final tranche. The company paid finders fees to Haywood Securities Inc. of CAD 3,000 and 4,444 finder's warrants, Research Capital Corp. of CAD 6,960 and 10,311 finder's warrants, Canaccord Genuity Corp of CAD 12,900 and 19,111 finder's warrants, Echelon Wealth Partners Inc. of CAD 14,220 and 21,067 finder's warrants, BMO Nesbitt Burns of CAD 3,000, PI Financial Corp of CAD 1,920 and 2,844 finder's warrants and Grit Capital Corp., 3,000 finder's warrants.

Each non-transferable finder's warrant entitles the holder to acquire one common share at CAD 1.35 for a 24-month period.