On September 9, 2020, Terrace Global Inc. (TSXV:TRCE) closed the transaction. The transaction included participation from 49 investors including certain insiders of the company Jeff Hergott for 400,000 subscription receipts, Apolo Capital Advisory Corp for 1,600,000 subscription receipts, existing investors 2646015 Ontario Inc. for 37,228,800 subscription receipts and Goldman Ventures Inc for 8,000,000 subscription receipts. Prior to the closing, 2646015 Ontario Inc. held 15,720,000 common shares, representing 9.39% stake, and Goldman Ventures Inc held 17,500,000 common shares, representing 10.45% stake in the company. Post closing of the transaction and exchange of subscription receipts into common shares, 2646015 Ontario Inc. will hold 18% stake, and Goldman Ventures Inc will hold 8.87% stake in the company. The company paid no finder's fees in the transaction.