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Trevello going public on TSX Venture Exchange
Trevello is going public through a strategic qualifying transaction with M3 Capital.
According to a company press release, the “pivotal step” marks a milestone in Trevello's journey, as it transitions from a private to a public company on the Toronto Venture Exchange.
Through the transaction, Trevello will merge with M3 Capital Corp (TSXV:MCT.P), a public company listed on the exchange that is not currently operating a business.
As a result of the transaction, Trevello will become the majority owner of the public entity, continue its business operations as normal and benefit from access to the public markets.
“This announcement is a testament to the dedication and support of our team, partners, and valued advisors,” said Zeina Gedeon, CEO of Trevello Canada. “We are incredibly grateful for the unwavering commitment that has brought us to this milestone. Becoming a public company is more than just a growth opportunity; it reinforces our mission to continue to remain the most advisor-centric host agency in the industry.”
Trevello says its public listing not only enhances its financial capabilities, but also aligns with its strategic vision to lead as a trusted partner for travel advisors, offering unparalleled support, resources, and innovative solutions to help advisors thrive.
The host agency notes that it is “excited to leverage this milestone to strengthen its position as an industry leader and create lasting value for its stakeholders.”
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