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Canadian Large Cap Leaders Split Corp. completes C$31.6M overnight offering


Date

April 29, 2026

Offices Involved

Value

31.606 Million CAD

On April 29, 2026, Canadian Large Cap Leaders Split Corp. (the “Company”) completed an overnight offering of preferred shares and Class A shares for gross proceeds of C$31,606,181. The offering was made through a syndicate of agents led by National Bank Financial Inc., and the net proceeds will be used to invest in a portfolio comprised primarily of equity securities of Canadian dividend growth issuers with market capitalizations of at least C$10 billion. Ninepoint Partners LP (“Ninepoint”) is the manager and portfolio manager of the Company.

Ninepoint, headquartered in Toronto, is an alternative investment management firm overseeing approximately C$8 billion in assets under management and institutional contracts.

McCarthy Tétrault LLP advised Ninepoint with a team led by Michael Eldridge that included Dan Schechner, Angela Lizotte, Amin Tehrani (Corporate), and Fred Purkey (Tax).

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