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General Assembly Receives Tsx Venture Exchange Acceptance Of $2 Million Loans And Amendment To Prior Loan

PRIVATEOct 01, 2022

Amount Raised

$2 Million

Round Type

Seed

TorontoFood and BeverageFood And BeverageHospitalityE Commerce

Description

General Assembly Holdings Limited (the “Company” or “GA Pizza”) (TSXV: GA), a premium pizza omnichannel consumer packaged goods brand, reports that the TSX Venture Exchange (the “TSX-V”) has accepted the Company’s loans in the aggregate principal amount of $2,000,000 granted by Timothy Nye and Keleher Investments Corp. (collectively, the “Lenders”) and previously announced on August 29, 2022 and September 14, 2022 (the “New Loans”). The New Loans mature on August 26, 2023 and bear simple interest at the rate of 18% per annum. On September 26, 2022, the Company issued, as loan bonuses, an aggregate of 1,739,130 common shares of the Company to the Lenders at a deemed price per share of $0.23.

Quick answer

General Assembly Holdings Limited raised $2 Million in a Seed round, dated October 1, 2022. General Assembly Holdings Limited is based in Toronto, Ontario, Canada.

How much did General Assembly Holdings Limited raise?
General Assembly Holdings Limited raised $2 Million in a Seed round on October 1, 2022.
What does General Assembly Holdings Limited do?
GA Pizza began its life as a fast-casual pizza restaurant in the heart of Toronto.
Where is General Assembly Holdings Limited based and how big is it?
General Assembly Holdings Limited is based in Toronto, Ontario, Canada.

Source: Fundz verified event record.

Who else raised in Food and Beverage and Food And Beverage around the same time

Companies in the same sectors as General Assembly Holdings Limited that raised within 45 days of this round, from Fundz verified event records.

  • Next Level Burger raised $20M (Funding Round) on September 13, 2022.
  • Bushfire Kitchen raised an undisclosed amount on September 7, 2022.
  • Diamond Estates Wines and Spirits raised an undisclosed amount (Funding Round) on November 10, 2022.
  • On2Cook raised an undisclosed amount (Seed) on November 9, 2022.
  • New Culture Inc. raised an undisclosed amount (Funding Round) on November 3, 2022.
  • Roadhouse Brewery Group raised $1M (Seed) on October 31, 2022.

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Company Information

Company

General Assembly Holdings Limited

Location

Toronto, Ontario, Canada

About

GA Pizza began its life as a fast-casual pizza restaurant in the heart of Toronto. Nearly four years later, we also offer a freezer-to-table consumer packaged goods line and a revolutionary direct-to-consumer eCommerce experience—not to mention a pizza box with more than one pizza in it. Our ambition? Make delicious pizzas available to everyone, everywhere. We’re always working to take pizza to new heights—from showing the world that better pizza is possible, to finding new spaces and places to deliver unrivaled pizza experiences. Find us in your freezer or visit gapizza.com for more information.

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General Assembly Holdings Limited raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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