M&A / Property

RF CAPITAL PROVIDES UPDATE ON APPROVALS AND ANNOUNCES EXPECTED CLOSING DATE FOR SALE TO IA FINANCIAL CORPORATION INC.

By The Northwire Desk — AI Analysis Oct 27, 2025 · 16:00 RCG · 19.82 RF CAPITAL GROUP INC.

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RF Capital Group Inc. received all required regulatory approvals (CIRO, AMF, OSC) for its previously announced plan of arrangement with iA Financial Corporation Inc.
With these approvals, all conditions to closing have been satisfied except customary closing conditions; the transaction is now expected to close on or about October 31 2025.
The announcement confirms that the sale/arrangement will proceed as previously disclosed, removing regulatory uncertainty and moving the deal toward completion.

Regulatory Approvals Obtained:
Canadian Investment Regulatory Organization (CIRO) – required approvals & non‑objections received.
Autorité des marchés financiers (AMF) – required approvals & non‑objections received.
Ontario Securities Commission (OSC) – required approvals & non‑objections received.
Condition Satisfaction: All conditions to closing of the arrangement are now satisfied, pending only customary closing conditions that can be fulfilled at the time of closing.
Expected Closing Date: The arrangement is anticipated to close on or about October 31 2025.
Reference Documents:
Management Information Circular dated August 21 2025.
Earlier news release dated July 28 2025 announcing the arrangement.
Transaction Overview (from prior disclosures):
Type: Plan of Arrangement (sale) of RF Capital Group Inc. to iA Financial Corporation Inc.
Consideration & Structure: Details previously disclosed in the Management Information Circular and July 28 2025 release; not restated here.
Impact: The receipt of regulatory approvals removes a material hurdle, allowing the transaction to proceed to closing, which is expected to be completed within days of this announcement.

(No direct quotes were included in the release.)

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