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M&A / Property

G2M Cap shareholders approve SalesCloser transaction

By The Northwire Desk — AI Analysis Mar 20, 2026 · 18:28 SCAI · 0.025 G2M Cap Corp
SCAI · Price

Executive Summary

  • G2M Cap Corp. held a special shareholders' meeting to approve a qualifying transaction involving the acquisition of SalesCloser Technologies Inc. from Wishpond Technologies Ltd.
  • Shareholders unanimously approved all proposed matters, including the jurisdictional change to British Columbia, adoption of new articles, name change to SalesCloser Technologies Ltd., a 7.15:1 share consolidation, and a new 20% stock option plan.
  • The transaction, including a concurrent upsized financing, is expected to close on or about March 24, 2026.

Key Details

  • Transaction Approval: Shareholders unanimously approved:
    • Continuation of G2M Cap Corp. from federal jurisdiction to British Columbia.
    • Adoption of new articles of incorporation.
    • Change of company name to SalesCloser Technologies Ltd.
    • Consolidation of G2M common shares on a 7.15:1 basis.
    • Approval of a new fixed 20-percent stock option plan (SOP).
  • Option Grants: Disinterested shareholders approved the granting of an aggregate of 3.8 million post-consolidation stock options to SalesCloser founders Ali Tajskandar and Jordan Gutierrez pursuant to the SOP.
  • Closing Timeline: G2M, Wishpond, and SalesCloser intend to close the transaction, including the upsized concurrent financing, on or about March 24, 2026.
  • Context: This follows previous news releases dated December 23, 2025, and February 23, 2026.

Notable Quotes

  • "Our team is so pleased to have received overwhelming support from our shareholders in approving our transaction with SalesCloser. We are excited to be leading the public listing of a company with disruptive AI technology and a track record of rapid growth. We look forward to closing the financing and transaction in the near future." — Hari Nesathurai, CEO of G2M
Read the original news release →

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M&A / Property