M&A / Property
G2M Cap shareholders approve SalesCloser transaction

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
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