Sprott Capital Partners selects Katipult DealFlow to automate capital markets trading operations

CALGARY, AB, June 21, 2022 /CNW/ – Katipult Technology Corp. (TSXV: FUND) (“Katipult” or the “Corporation”), a leading provider of Fintech software to power capital trading in the equity and debt markets, today announced that Sprott Capital Partners has chosen to use Katipult DealFlow to streamline its processes around financing. Sprott Capital Partners LP (“scp“), a division of Sprott Inc. was formed in 2017 to provide a comprehensive suite of capital raising and advisory solutions to natural resource companies. In a short period of time, SCP has become a trusted partner for corporate clients and institutional efforts by leading and completing a number of financing and M&A advisory mandates Leveraging its deep industry experience, longstanding relationships, and best-in-class execution capabilities, SCP is uniquely positioned to deliver financial and strategic results successful to their clients.

Katipult Technology Corp. Logo (CNW Group/Katipult Technology Corp.)

Katipult Technology Corp. Logo (CNW Group/Katipult Technology Corp.)

“At Sprott Capital Partners, financings are an important and growing part of our business. Our position in the industry means that we are often the dealer of choice for the natural resources space. As such, it is crucial that we modernize our processes to improve the efficiency and create a better experience for both investors and issuers.We are confident that Katipult DealFlow, which has been specifically designed to manage deal workflow and is already widely used in the Canadian IIROC dealer community, will enable us to achieve this,” says Lisa EdwardsCOO and Chief Compliance Officer of Sprott Capital Partners.

Katipult DealFlow is an industry leading solution that works as an operating system for investment capital. DealFlow simplifies and personalizes the signing experience for investors by creating an intelligent digital sub-document from the legal agreement prepared by the issuer’s attorney, eliminating the 85% of documents that are not in good order. This speeds the flow of the entire deal process and saves internal resources on the part of compliance teams, equity management teams, and investment advisors. It also leads to a superior investor experience, as issuers can also secure their capital faster.

“We are pleased to welcome Sprott Capital Partners to the growing community of financial companies using DealFlow to bring their processes into the digital age. DealFlow is used by companies such as Canaccord Genuity, raymond james, Echelon Wealth Partners, Cormark Securities and TSX Trust. Sprott Capital Partners is an excellent addition to our client portfolio,” says Gord Breese, CEO of Katipult.

About Katipult
Katipult (katipult.com) is an industry-leading, award-winning software infrastructure provider to power capital trading in equity and debt markets. Our cloud-based solution and solutions digitize the investment workflow by eliminating transaction redundancy, strengthening compliance, delighting investors, and accelerating the flow of deals. Katipult provides unmatched adaptability for regulatory compliance, asset structure, business model, and location requirements.

Regarding Forward-Looking Statements: Certain disclosures in this release, including statements about the optimization and automation of internal processes at Sprott Capital Partners and the growth of Katipult’s investment banking portfolio, constitute forward-looking statements. In making the forward-looking statements in this release, the Corporation has applied certain factors and assumptions that are based on the Corporation’s current beliefs, as well as assumptions made by the Corporation and information currently available to it, including, among others, the information of the Corporation. the product will continue to perform as expected, and the industry will continue to see value in the Corporation’s product. While the Corporation believes these assumptions are reasonable based on currently available information, they may turn out to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ. materially from those expressed or implied in such forward-looking statements. Such risk factors may include, but are not limited to, inability to successfully manage product growth and deployment, longer-than-anticipated sales and deployment cycle, cyber risks, risks related to cloud-based solutions, inability to to continue to adapt to technological change and new product development, reliance on key personnel, competition, intellectual property risks, economic conditions, privacy and legislation, regulatory environment, risk associated with a change in the Corporation’s pricing model, the risk of defects in the Corporation’s solution, reliance on market growth, operational service risk, reliance on partners, and delay or non-performance of anticipated benefits from key accounts. Readers are cautioned, especially in these uncertain times, not to place undue reliance on forward-looking statements. The Corporation does not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, and expressly disclaims any intention or obligation to do so, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Katipult Technology Corp.



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