Cloud kitchen startup JustKitchen to go public on the TSX Venture Exchange

Cloud kitchen startup JustKitchen to go public on the TSX Venture Exchange

3 years ago
Anonymous $4BDEsVAtYS

https://techcrunch.com/2021/04/15/cloud-kitchen-startup-justkitchen-to-go-public-on-the-tsx-venture-exchange/

JustKitchen, a cloud kitchen startup, will start trading on the Toronto Stock Exchange (TSX) Venture Exchange on Thursday morning. It is doing a direct listing of its common shares, having already raised $8 million at a $30 million valuation.

The company says this makes it one of the first—if not the first—cloud kitchen company to go public in North America. While JustKitchen launched operations last year in Taiwan, it is incorporated in Canada, with plans to expand into Hong Kong, Singapore, the Philippines and the United States. TSX Venture is a board on the Toronto Stock Exchange for emerging companies, including startups, that can move to the main board once they reach certain thresholds depending on industry.

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