General Fusion Group Ltd. (SVAC) Form 424B3 — Oct 6, 2026
General Fusion Group Ltd. filed a 424B3 prospectus registering the resale of over 102 million subordinate voting shares and warrants by selling securityholders, with the company also potentially issuing up to 109.9 million additional shares upon exercise or conversion of warrants, Multiple Voting Shares and Earnout Shares.
Key figures
- Offering Price
- $5.00 assumed conversion price for Multiple Voting Shares and GF PIPE Warrants; warrant exercise prices range from $0.00 to $12.00
- Shares Offered
- 102402511
- Shares Outstanding
- 53132058
- Accumulated deficit
- 332000000
- Pipe gross proceeds
- 107700000
- R d expenses fy2025
- 18400000
- Gf pipe warrant proceeds
- 126700000
- Negative cash flow fy2025
- 24000000
- Public warrant price 20260904
- 1.47
- Spac redemption price per share
- 10.29
- Private placement warrant proceeds
- 76600000
- Subordinate voting share price 20260904
- 8.24
- Shares issuable upon exercise conversion
- 109928827
- Potential gross proceeds from warrant exercise
- 339900000
AI analysis
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