Trevello Going Public on TSX Venture Exchange via Merger

One of Canada’s leading host agencies is going public. 

Trevello World Holdings has announced a merger agreement with the publicly traded company M3 Capital Corp., which will result in the host agency being listed on the Toronto Venture Exchange (TSX).

If approved, Trevello will become the majority owner of the public entity, which will operated as Trevello World Holdings. Business operations will continue as normal while benefiting from being publicly listed.

Zeina Gedeon, CEO of Trevello’s Canadian operating company, said the news “marks a significant milestone in Trevello’s journey.”

M3 Capital Corp. was “formed and structured with the intention to merge with a company that the founding shareholders believe represent a major opportunity for the future,” said Gedeon.

The deal’s letter of intent expires Nov. 29, 2024. M3 officials said a comprehensive news release will be issued if and when the transaction is finalized. Trevello founder Morris Chia is a director, officer, and significant shareholder of both parties, meaning the deal will require “majority of the minority” approval from M3’s disinterested shareholders. (via Yahoo Finance).

Trevello recently announced plans to expand into the U.S., tapping Elizabeth Crabill as the new CEO. Gedeon will continue to lead the Canadian arm, and will also serve as chief operating officer of Trevello World Holdings. She will report to Crabill.