EKB advises RentMoola on Series A Fundraising

EKB recently advised RentMoola Payment Solutions Inc. on its $3.5 million offering of Series A Preferred Shares. The offering, which was fully subscribed, was backstopped by Ayrshire Real Estate Management Inc. and conducted by way of private placement to accredited investors.

RentMoola is a Vancouver based fintech company that offers payment solutions to tenants and landlords.

The EKB team was led by Fraser Hartley and assisted by associate Ian van den Dolder and articling student Jake Schroeder. EKB provided RentMoola with legal advice regarding the offering and assisted in closing the offering and facilitating the special general meeting of shareholders needed to authorize the new Series A Preferred shares.