The Power of Discovery - "Building Shareholder Value"

• Allows Founders to maintain effective control for a long period through one simple class of common share ownership.
• Less onerous and dilutive than private equity term sheets.
• Mergers and acquisitions can be financed using publicly listed shares rather than cash.
• Becoming a public company will promote your public profile and provider greater transparency for investors.
• Can provide some liquidity for shareholders & Founders. Best exit is to reverse-engineer a strategic trade sale.
• Quicker access to capital versus a traditional US IPO.
• Issuing public shares expands your investor base and sets the stage for secondary equity financing,including Private Placements (institutional investors).
• Incentivizes management and employees through stock options and share purchase plans that provide immediate and tangible employee benefits without depleting cash reserves.

...and dealmaking conditions & weaker investor sentiment, fundraising efforts are moving forward.

Private funds have undoubtedly been impacted by global events in 2022, but investors recognize global private capital fundraising is more insulated from some of the noise seen in public markets.