On April 15, 2021, Sproutly Canada Inc. (CNSX:SPR) closed the transaction. The company issued 15,916,037 units for CAD 795,802 in its second and final tranche. The company issued a total of 26,966,037units for CAD 1,348,302 in the transaction. The transaction included participation from Arup Sen, Chief Executive Officer and director of the company through a company controlled by Sen participated for 3,000,000 units. The transaction is subject to the approval of Canadian Securities Exchange. The company will issuance of 450,000 units for CAD 22,500 to finders in the transaction.