Canaccord Genuity Growth II Corp.'s Qualifying Transaction with Taiga Motors Inc.

Goodmans LLP acted for Canaccord Genuity Growth II Corp. (CGGC2) in connection with its qualifying transaction with Taiga Motor Inc. and on a concurrent $100 million private placement.

In connection with the closing of the qualifying transaction, CGGC2 changed its name to "Taiga Motors Corporation" and consolidated its common shares and share purchase warrants. Goodmans successfully advised CGGC2 from the IPO stage to the completion of their qualifying acquisition.

Goodmans LLP played a key role in designing the unique features of Canaccord’s SPAC model, which apply to this transaction. The transaction includes a highly successful $100 million private placement (PIPE) raised to fund Taiga's growth from a large number of investors.