Top Financings of the Week

The Recap

The best information on capital raises and financing activity in under 5 minutes:

• Spetz Inc. (CSE: SPTZ, OTC PINK: DBKSF) Off the recent acquisition of blockchain staking platform, Sonic Strategy, the Company announces a CAD$5 million non-brokered private placement at $0.50 per unit.

• Ubisoft Entertainment SA (UBI.PA) Announces the creation of a spin-off gaming subsidiary with an investment of $1.26 billion from Chinese tech giant Tencent.

• Xiaomi Corp (1810.HK) Global technology leader raises $5.5 billion in share sale to advance its electric vehicle strategy.

Spetz Inc. recently acquired Sonic Strategy a blockchain staking company focused on the Sonic blockchain. With the completion of the acquisition of Sonic Strategy, Spetz has strengthened its capabilities in blockchain infrastructure and staking solutions.

The Company announced a CAD$5 million non-brokered private placement at $0.50 per unit. The net proceeds from the offering will be used for working capital, validator expansion, and growth initiatives within the blockchain infrastructure sector.

Ubisoft is one of the world’s most recognizable video game developers. The Company’s global teams create and develop a deep and diverse portfolio of games, featuring brands such as Assassin’s Creed Far Cry, Tom Clancy’s Ghost Recon, Tom Clancy’s Rainbow Six and more.

The Company recently announced a spin-off gaming subsidiary with an investment of $1.26 billion from Chinese tech giant Tencent. Ubisoft stated the spin-off would give it a cash infusion that would boost its ability to improve game quality and add new features.

Martin Lau, President of Tencent, said “We are excited to extend our longstanding partnership with Ubisoft through this investment, which reflects our continued confidence in Ubisoft’s creative vision and exceptional talent to drive sustained success in the industry. We see the immense potential for these franchises to evolve into long-term evergreen game platforms and create engaging new experiences for gamers.”

Xiaomi Corp, the world’s third-largest smartphone maker announced it has raised $5.5 billion in an upsized share sale as the Company moves forward with its bold electric vehicle manufacturing plans.

The Company sold 800 million shares at HK$53.25 each, as reported to the Hong Kong Stock Exchange.

Xiaomi entered the electric vehicle market last year with the launch of its SU7 sedan, expanding beyond its 15-year foundation in smartphones, home appliances, and smart devices.

Top Money Moves

Lead Investors

• Scope Technologies: $1,500,000 | Artificial Intelligence (AI) | Lead Investor: First Majestic Silver

• Samvardhana Motherson International: $870,000,000 | Automotive | Lead Investor: Goldman Sachs (Singapore) Pte

• Surrozen: $175,000,000 | Biotechnology | Lead Investor: Venrock Healthcare Capital Partners

• Benitec Ltd: $30,000,000 | Biotechnology | Lead Investor: Suvretta Capital Management

• OKEA: $21,585,623 | Energy | Lead Investor: PARETO

• The Oncology Institute of Hope and Innovation: $16,500,000 | Health Care | Lead Investor: Deerfield

• National Highways Infra Trust: $240,800,000 | Infrastructure | Lead Investor: Ontario Teachers Pension

• Vivani Medical: $8,250,000 | Medical Device | Lead Investor: Gregg Williams

• Ubisoft: $1,160,000,000 | Video Games | Lead Investor: Tencent

Do you know of any other lead investors who put capital into the markets this week? We would be happy to feature the transactions, send us an email at [email protected]