PENDER GROWTH FUND
Pender Growth Fund (VCC) Inc. (the Fund), operating under the B.C. Small Business Venture Capital Act (SBVCA), invests in Eligible Small Businesses (ESB) with the objective of long term capital appreciation. Generally speaking, ESBs are technology companies based in British Columbia with fewer than 100 employees. Shareholders received a 30% British Columbia tax credit at the time of subscription. Since its inception in 2003, the Fund has invested in a diversified portfolio of investments princip... ally in the information technology and communications sectors. The company was reorganized in 2010 so that existing shareholders now hold one Class R Redeemable share and one Class C common share listed on the TSX-Venture exchange. Investors who hold their shares through MFDA dealers hold Class B convertible shares that are convertible at any time into one Class R and one Class C share.
PENDER GROWTH FUND
Industry:
Financial Services Venture Capital
Founded:
1994-01-01
Status:
Active
Contact:
866-377-4743
Email Addresses:
[email protected]
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Stock Details
Investments List
| Date | Company | Article | Money raised |
|---|---|---|---|
| 2021-07-15 | Swift Medical | Pender Growth Fund investment in Series B - Swift Medical | 43.9 M CAD |
| 2020-12-10 | GreenSpace Brands | Pender Growth Fund investment in Post-IPO Equity - GreenSpace Brands | 2.4 M USD |
| 2020-02-19 | GreenSpace Brands | Pender Growth Fund investment in Post-IPO Equity - GreenSpace Brands | 6.5 M USD |