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M&A / Property

G2M CAP CORP. FILES FILING STATEMENT FOR QUALIFYING TRANSACTION WITH SALESCLOSER AI AND WISHPOND TECHNOLOGIES

By The Northwire Desk — AI Analysis Mar 19, 2026 · 06:00 GTM · 0.025
GTM · Price

Executive Summary

  • G2M Cap Corp. filed a filing statement on SEDAR+ confirming its qualifying transaction to acquire SalesCloser Technologies from Wishpond Technologies.
  • The TSX Venture Exchange has issued a conditional acceptance; assuming all conditions are met, the transaction and related upsized concurrent financing are expected to close on March 24 2026.
  • A special shareholders’ meeting is scheduled for March 20 2026 to approve matters required to consummate the transaction.

Key Details

  • Filing Statement: Submitted to G2M’s SEDAR+ profile, detailing the qualifying transaction between G2M, Wishpond Technologies Ltd., and SalesCloser Technologies Inc.
  • Conditional Acceptance: Received from the TSX Venture Exchange; closing contingent on satisfaction of listed conditions (e.g., regulatory, shareholder, exchange approvals).
  • Expected Closing Date: March 24 2026, subject to fulfillment of all conditional acceptance requirements.
  • Concurrent Financing: An upsized financing is tied to the transaction; terms not disclosed in this release but noted as part of the closing package.
  • Special Shareholders’ Meeting: Set for Friday, March 20 2026, to obtain shareholder approvals required for the transaction.
  • Forward‑Looking Statements: Include expectations regarding the definitive agreement, completion of bridge and concurrent financings, post‑transaction ownership structure, listing intentions on the TSXV, and anticipated business operations of the resulting issuer.
  • Risks & Uncertainties: Completion depends on regulatory approvals, shareholder consent, market conditions, and other typical risks associated with qualifying transactions and reverse takeovers.

Notable Quotes

  • “We look forward to completing this transaction and advancing the combined entity’s growth strategy,” – Hari Nesathurai, CEO of G2M Cap Corp.
  • “The conditional acceptance from the TSX Venture Exchange is a significant milestone toward finalizing our acquisition of SalesCloser,” – Ali Tajskandar, CEO of SalesCloser Technologies.
Read the original news release →

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