Financings

Atlantic Horizon closes $750k initial public offering

By The Northwire Desk — AI Analysis Nov 13, 2025 · 20:11 ALTH · None Atlantic Horizon Capital Corp

ALTH · Price

Atlantic Horizon Capital Corp. completed its IPO, issuing 7.5 million common shares at $0.10 each for gross proceeds of $750,000.
iA Private Wealth Inc. received a cash commission of $75,000 (10% of gross proceeds) and was issued 750,000 broker warrants exercisable at $0.10 per share.
The corporation granted stock options to directors/officers for up to 750,000 common shares at $0.10 each, exercisable through November 13 20230.

Offering Size & Price: 7.5 million common shares sold at $0.10 per share.
Gross Proceeds: $750,000.
Agent Compensation: iA Private Wealth Inc. received a $75,000 cash commission (10% of proceeds) plus 750,000 broker warrants (each for one common share at $0.10). Warrants are non‑transferable and exercisable until the earlier of 24 months after a qualifying transaction or five years from listing.
Director/Officer Stock Options: Options granted for up to 750,000 common shares at an exercise price of $0.10 per share; exercisable any time up to Nov 13 2030.
Trading Commencement: Shares expected to begin trading on the TSX Venture Exchange under ticker ATLH.P (CUSIP: 048589105, ISIN: CA0485891059) at market open on Nov 14 2025.
Post‑Offering Share Count: 13.5 million common shares issued and outstanding; six million subject to escrow per CPC policy.
Corporate Status: Capital Pool Company (CPC); no commercial operations or assets other than cash; sole purpose is to identify/evaluate assets or businesses for a qualifying transaction under TSX Venture Exchange policies.

(No direct quotes were provided in the release.)