DLA Piper Canada advised eBook reading platform Legible Inc. on reverse takeover of Twenty20 Investments Inc. and listing on the CSE
DLA Piper Canada has advised Legible Inc. (“Legible”) on its reverse takeover of Twenty20 Investments Inc. and listing on the Canadian Securities Exchange (“CSE”). The reverse takeover was completed on November 26, 2021, and the common shares of Legible commenced trading on the CSE under the ticker symbol “READ” on December 1, 2021.
Legible is a new browser-based eBook reading platform that is revolutionizing how readers, publishers, and authors connect by presenting books the way they were meant to be enjoyed. Founded by a team of authors, digital eBook publishers, designers, and book publishing industry insiders, Legible’s strategy is to offer readers around the globe open access to millions of books on any internet-connected device.
You can read more about these transactions here and here.The DLA Piper Canada team was led by Partner Roy Hudson and included Catherine Kay and Matthew Pollock.