Exchange Bulletin

Payfare Inc. (PAY) To Trade On Toronto Stock Exchange

March 17, 2021
Issuer: Payfare Inc. (the "Company")
Security: Class A common shares (the "Shares")
Symbol(s): PAY
Issue price per security: $6.00
Number of securities issued and outstanding: 48,875,953
Number of securities reserved for issuance: 7,476,434
Listing category: Industrial, Non Exempt
Trading currency: CDN$
Transaction: Initial public offering of Shares (the "Offering").
Listing date: March 18, 2021 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: March 19, 2021 (prior to the opening)
Posted for trading date: March 19, 2021 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Temporary market maker: RBC Capital Markets
Security ownership registration: Non-Certificated Inventory (NCI)
Investor relations: Su Chun
Chief Compliance & Legal Officer
(888) 850-2713
Incorporation: Business Corporations Act (Ontario) on June 15, 2012
Fiscal year end: December 31
Nature of business: The Company is a fintech company operating in Canada and the United States in the earned wage access industry.
Transfer agent and registrar: Odyssey Trust Company at its principal offices in Calgary and Vancouver.
Dividends: The Company does not anticipate paying dividends.
Sponsorship: Waived
Disclosure document: Prospectus dated March 15, 2021 which is available at
Initial public offering: 10,900,000 Shares are being offered to the public from treasury at a price of $6.00 per share (the "Offering Price"). In addition, the underwriters have been granted an over-allotment option to purchase up to an additional 1,635,000 Shares from treasury at the Offering Price.
TSX contact: Chris Birkett,
Managing Director,
Toronto Stock Exchange