Faction Investment Group Corp.
TTSXV:FINV.P0.03
CAD
-0.03
(-53.85%)
ISIN
CA3030441016
CUSIP
303044101
Return %
Stock
S&P 500
1Y
-83.78
14.20
3Y
-70.00
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
CAD
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in mil. unless spec.Growth Rates
CAD
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in mil. unless spec.Quarterly Revenue
CAD
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in mil. unless spec.Quarterly Earnings Per Share
CAD
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in mil. unless spec.Quarterly Dividends Per Share
CAD
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Vancouver Canada
- IPO Date
- Sep 12, 2022
- Similar Companies
- Business
- Faction Investment Group Corp. is a capital pool company that focuses on the identification, evaluation, and acquisition of operating assets or businesses with the objective of completing a Qualifying Transaction under the policies of the TSX Venture Exchange. The company operates within the financial services and capital markets sector, specializing in investment vehicle structuring and reverse takeover facilitation for private commercial enterprises seeking a public listing in Canada and North America. Faction Investment Group Corp. provides capital allocation and acquisition development activities, which include: target identification and strategic industry screening; commercial, financial, and legal due diligence; negotiation, structuring, and execution of business amalgamation, share exchange, and asset purchase agreements; capital formation and equity financing coordination; and regulatory compliance, disclosure, and filing administration with Canadian securities regulators. The company does not conduct commercial operating activities or generate commercial revenues independently, directing its working capital toward locating and assessing potential acquisition targets. In recent developments, Faction Investment Group Corp. has maintained its active search and evaluation activities to identify prospective business combination partners following its initial public offering on the TSX Venture Exchange under the ticker symbol FINV.P, in which it raised gross proceeds of approximately CAD 250,000 through the issuance of 2,500,000 common shares; continued its ongoing regulatory, accounting, and corporate governance compliance, including hosting its annual general meetings and filing interim financial disclosures; and preserved its operational capital to support potential acquisition agreements and subsequent equity financings. Founded in 2021, Faction Investment Group Corp. is headquartered in Vancouver, British Columbia, Canada, and operates as an independent entity with no active commercial subsidiaries prior to the completion of a Qualifying Transaction.