Beedie Investments Ltd. has announced the completion of an internal reorganization involving its holdings in VIQ Solutions Inc. As part of the process, Beedie Capital transferred 5,150,537 common shares and 12,915,217 common share purchase warrants of VIQ Solutions to Beedie Capital Investments Ltd., and assigned its rights and obligations under a credit agreement with VIQ Solutions to Beedie Capital Lending Ltd. Both Beedie Capital Investments and Beedie Capital Lending are now wholly-owned subsidiaries of Beedie Capital Holdings Ltd. The securities were transferred at their original acquisition cost, and Beedie Capital stated the holdings are for investment purposes, with future actions dependent on market circumstances.
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