On August 11, 2022, Field Trip Health & Wellness Ltd. closed the transaction. The company issued 19,615,000 shared to Field Trip Health Ltd. for gross proceeds of CAD 9,807,500 and and 15,944,220 shares to new investor Oasis Investments II Master Fund Ltd., a fund managed by Oasis Management Company Ltd. for gross proceeds of CAD 7,972,110. The company also issued 200,000 subscription receipts in the second and final tranche bringing the total amount raised in the transaction to CAD 19,979,610.

All the subscription receipts issued in the transaction are converted to same amount of shares of the company. The shares issued to Field Trip Health Ltd. are subject to a Tier 2 Value Escrow Agreement in accordance with the policies of the exchange. The company has paid issuance cost of CAD 577,485 in the transaction.