Our Vancouver office with support from Calgary, Toronto, New York, Houston and Dallas advised Tiny Ltd. (“Tiny” or the “Company”) on its acquisition of a 66% stake in Serato Audio Research Limited, a global DJ software company based in Auckland, New Zealand for total consideration of US$66 million payable in a combination of cash and shares of the Company (the "Acquisition").

In connection with the Acquisition, Norton Rose Fulbright advised Tiny on a bought deal prospectus offering of 17,400,000 subscription receipts issued at a price of $1.15 per subscription receipt for aggregate gross proceeds of $20 million (the “Public Offering”), a refinancing of Tiny’s credit facilities and a private placement of $36 million aggregate principal amount of 11% secured convertible debentures due 2030 (the “Private Placement”).

The Public Offering was underwritten by a syndicate of underwriters led by Canaccord Genuity Corp. and Roth Canada, Inc., and included Scotia Capital Inc., Cormark Securities Inc. and Ventum Financial Corp. The Private Placement was conducted pursuant to an agency agreement entered into among the Company, Canaccord Genuity Corp. and Roth Canada, Inc. dated May 12, 2025.

Read more about the deal here.

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