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Lucosky Brookman is a leader in the representation of small and micro-cap companies. The Firm has led it clients through numerous capital raise transaction and over a dozen uplisting and initial public offering transactions.  Access the latest news about Lucosky Brookman, our clients’ business transactions and industry updates here. 

Lucosky Brookman Client Unique Logistics Holdings, Inc. and Innocap, Inc. Complete Merger and Financing

Lucosky Brookman represented its client Unique Logistics Holdings Inc. ("Unique Logistics" or the "Company") in connection with the Company’s merger (“Merger”) with Innocap, Inc. ("INNO") (OTC: INNO) whereby Unique Logistics became a publicly-traded company. 

Simultaneously with the Merger, the Company entered into Securities Purchase Agreements (the "Purchase Agreements") with investors (the "Investors") pursuant to which the Company sold to the Investors 10% secured subordinated convertible promissory notes, (the "Notes") realizing gross proceeds of $2,000,000 and warrants to purchase shares of the Company's common stock.

Mr. Sunandan Ray, the new Chief Executive Officer stated "We are very pleased to announce the completion of Unique Logistics' merger with INNO. Becoming a public company is a key element of our growth strategy, and the completion of this merger is a significant accomplishment for Unique Logistics. A public listing will provide us with greater access to capital, enhance our ability to attract additional talent to our management team and will allow us to use our public equity to execute on our future acquisition strategy." Mr. Ray continued, "We would like to thank our existing INNO shareholders and welcome our new shareholders.  This merger is an important milestone as we continue to build shareholder value."

Unique Logistics is a global logistics and freight forwarding company serving a large customer base in the United States that includes major well-known retailers and other companies that import goods to the United States, export goods from the United States to other countries, or require other supply chain services, including warehousing. Unique Logistics executes sections of the supply chain process for its customers and holds operating licenses issued by US Customs, the Federal Maritime Commission and the Transportation Security Administration for this purpose. Unique Logistics has offices throughout the United States and employs over 90 staff.