Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.
Sean Roosen has stepped down from his role as non-executive chairman of the board and remains in his role as a director. Mathieu Savard has been promoted to president.
It said the commitments include; US$10-million in gross proceeds under a new unsecured convertible facility, US$5.7-million in additional gross proceeds under its senior secured term loan led by Stable Road Capital, and US$5-million in additional gross proceeds under its senior secured convertible facility led by Gotham Green Partners.
Spin Master said it will develop products including action figures, playsets and role-play items, “with an anticipated on-shelf date in the fall of 2021.”
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