VerticalScope Inc. $125 Million Initial Public Offering

Goodmans LLP acted for a syndicate of underwriters led by RBC Dominion Securities Inc., Canaccord Genuity Corp. and National Bank Financial Inc., as lead underwriters and joint bookrunners, and which also includes TD Securities Inc., Raymond James Ltd., Desjardins Securities Inc., Cormark Securities Inc. and HSBC Securities (Canada) Inc., in connection with the successful closing of VerticalScope Holdings Inc.’s initial public offering of 5,685,000 subordinate voting shares of the Company at a price of C$22.00 per subordinate voting share, for gross proceeds of C$125,070,000.

The Subordinate Voting Shares began trading on the Toronto Stock Exchange ("TSX") on June 15, 2021 in Canadian dollars under the symbol "FORA".

The Company has granted to the Underwriters an over-allotment option (the "Over-Allotment Option") to purchase up to an additional 852,750 Subordinate Voting Shares at the Offering Price.  If the Over-Allotment Option is exercised in full, the gross proceeds of the Offering will be C$143,830,500.