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A maximum of 4.5 million Common Shares will be issued pursuant to the Rights Offering, representing 100% of the currently issued and outstanding Common Shares.

A maximum of 4.5 million Common Shares will be issued pursuant to the Rights Offering, representing 100% of the currently issued and outstanding Common Shares. The net proceeds of new shares from this Rights Offering will be used by Spruce Tree to fund the acquisition of additional portfolio investments. Spruce Tree is an investment and merchant banking firm focused on the small cap market, with investments in technology and resource companies.

What is the maximum amount that Spruce Tree Capital could raise through this Rights Offering?

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