Wildlaw Capital CPC 2 Inc.

March 25, 2014 09:00 ET

Wildlaw Capital CPC 2 Inc. Announces Proposed Qualifying Transaction With AcuityAds Inc.

TORONTO, ONTARIO--(Marketwired - March 25, 2014) -


Wildlaw Capital CPC 2 Inc. ("Wildlaw") (TSX VENTURE: WLD.P), a capital pool company, is pleased to announce that it has entered into letter of intent dated March 25, 2014 with AcuityAds Inc. ("Acuity"), pursuant to which Wildlaw proposes to complete a business combination with Acuity, a Toronto-based, digital advertising technology company (the "Proposed Transaction").

The Proposed Transaction is subject to a number of terms and conditions as set forth in the letter of intent, including the approval of the TSX Venture Exchange (the "TSXV"). If and when completed, the Proposed Transaction will constitute Wildlaw's qualifying transaction pursuant to the policies of the TSXV. A comprehensive press release with further particulars relating to the Proposed Transaction will follow in accordance with the policies of the TSXV. As part of the Proposed Transaction, Acuity will complete a private placement of subscription receipts in the minimum amount of $5 million, which financing will be led by Paradigm Capital Inc. and include Clarus Securities Inc. and Euro Pacific Canada Inc. The financing shall be priced in the context of the market.


Acuity is a leader in the programmatic marketing space, connecting advertisers to consumers online in the most intelligent way possible. With offices located in US and Canada, Acuity has over 50 employees and over 160 active clients, and focuses on delivering a tier-one digital advertising technology platform. Acuity's advanced programmatic marketing platform is powered by proprietary machine learning technology that allows advertisers to target and connect with their audiences across online display, video, social and mobile campaigns. Embraced by both large Fortune 500 enterprises and small to mid-sized businesses, AcuityAds makes it possible to target and connect intelligently with the right consumers, in the right places, at the right times and for the right price. For more information, visit acuityads.com.


Wildlaw is a capital pool company ("CPC") formed under the TSXV CPC program.

Completion of the Proposed Transaction is subject to a number of conditions, including but not limited to, TSXV acceptance. There can be no assurance that the transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the filing statement to be prepared in connection with the Proposed Transaction, any information released or received with respect to the Proposed Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a CPC should be considered highly speculative.

Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Certain information in this press release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Wildlaw assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Wildlaw. Additional information identifying risks and uncertainties is contained in the Wildlaw's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

Contact Information

  • Wildlaw Capital CPC 2 Inc.
    Peter Schriber
    Chief Executive Officer
    (604) 341-3371