Original News Release
Atlantic Horizon closes $750k initial public offering
Mr. Sebastien Boudreau-Lapierre reports
ATLANTIC HORIZON CAPITAL CORP. COMPLETES INITIAL PUBLIC OFFERING
Atlantic Horizon Capital Corp. has completed its initial public offering of 7.5 million common shares of the corporation at a price of 10 cents per common share for gross proceeds of $750,000.
The corporation is a capital pool company as defined in the policies of the TSX Venture Exchange. To date, the corporation has not conducted operations of any kind and has not entered into an agreement in principle, as such term is defined in exchange Policy 2.4 (Capital Pool Companies). The sole business of the corporation will be the identification and evaluation of assets or businesses with a view to completing a qualifying transaction in accordance with the policies of the exchange.
iA Private Wealth Inc. acted as agent in connection with the offering. For its services, the agent received an administrative fee, a cash commission equal to 10 per cent of the gross proceeds of the offering (being $75,000) and 750,000 broker warrants, each exercisable to acquire one common share at a price of 10 cents per common share at any time prior to the earlier of: (i) 24 months following the date on which the corporation completes its qualifying transaction; and (ii) five years from the listing date of the common shares on the exchange. The broker warrants are non-transferable.
In connection with completion of the offering, the corporation granted stock options to the directors and officers of the corporation, exercisable to acquire up to an aggregate of 750,000 common shares at any time until Nov. 13, 2030, at a price of 10 cents per common share.
The common shares are expected to commence trading on the exchange under the stock symbol ATLH.P (Cusip: 048589105 and ISIN: CA0485891059) at market open tomorrow, Nov. 14, 2025. Following the closing of the offering, there are 13.5 million common shares issued and outstanding, of which six million are subject to escrow in accordance with the CPC policy. For further information, please see the final prospectus of the corporation dated Sept. 12, 2025, filed under the corporation's profile on SEDAR+.
Investors are cautioned that trading in the securities of a CPC should be considered highly speculative.
About Atlantic Horizon Capital Corp.
The corporation is a CPC that has not commenced commercial operations and has no assets other than cash. Except as specifically contemplated in the CPC policy, until the completion of its qualifying transaction, the corporation will not carry on business, other than the identification and evaluation of businesses or assets with a view to completing a qualifying transaction.
We seek Safe Harbor.
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