Bespoke Capital Acquisition Corp. Files Final Prospectus for US$350 Million IPO

Goodmans LLP represented Canaccord Genuity Corp. and Citigroup Global Markets Canada Inc. (the “underwriters”) in connection with Bespoke Capital Acquisition Corp.’s final prospectus filing for an initial public offering (IPO).

The prospectus has been filed with the securities regulatory authorities in all provinces and territories of Canada other than Quebec. The issuer is a newly organized special purpose acquisition corporation (SPAC) incorporated for the purpose of effecting an acquisition of one or more businesses or assets.

Each Class A Restricted Voting Unit has an offering price of US$10.00 (CDN$13.23) per Class A Restricted Voting Unit and consists of one Class A Restricted Voting Share and one-half of a Warrant. Upon the closing of a qualifying acquisition, each Class A Restricted Voting Share would, unless previously redeemed, be automatically converted into a Common Share. The Warrants will become exercisable, at an exercise price of US$11.50 (CDN$15.25), only commencing 65 days after the completion of the issuer’s qualifying acquisition and will expire on the day that is five years after the completion of such qualifying acquisition or earlier, as described in the prospectus.

On closing, the sponsor and other founders of the issuer will hold a 20% voting interest to vote on the qualifying acquisition (assuming no exercise of the Over-Allotment Option).

The prospectus also qualifies Class B Units being offered to the sponsor, including the Class B shares and warrants forming part of said units.