THE TSX / TSXV-TO-NASDAQ GATEWAY
Strategic Advisory for Canadian Issuers.
Many mid-tier and emerging-growth Canadian companies eventually encounter a domestic liquidity ceiling. Transitioning or cross-listing onto NASDAQ is a massive valuation catalyst—and our specialized Canadian Framework eliminates the multi-jurisdictional friction.
THE CANADIAN FRAMEWORK
We replace domestic RTO and IPO playbooks with a true cross-border architecture.
Global-to-US Readiness Assessment
We evaluate your domestic entity against US market benchmarks, identifying the precise listing tier (Global Select, Global Market, or Capital Market) that maximizes your corporate footprint.
Pristine US Vehicle Sourcing & Integration
We filter out target public vehicles burdened with toxic legacy structures, clearing a clean path for your domestic operating assets to step directly into a US trading symbol.
Seamless Capital & Product Dovetailing
We align your transition with tailor-made capital products, ensuring your debut is fully funded and structurally sound from day one.
THE EMRY CANADA-US STRUCTURAL ROADMAP
Order of execution determines structural success.
Multi-Jurisdictional Financial Realignment
Transitioning your financial history from IFRS to US GAAP and coordinating the pivot to a PCAOB-audited framework—without halting your TSX/TSXV trading.
FPI Architecture & Governance Optimization
Analyzing your shareholder base to determine and protect your Foreign Private Issuer (FPI) status, allowing you to follow home-country practices for specific governance rules.
Forensic Matching & Cross-Border Integration
Performing exhaustive due diligence on the target US public shell to audit for legacy cross-border legal exposure and structural capital health.
Dual-Clearance & Exchangeable Share Engineering
Engineering Exchangeable Share Structures to protect legacy Canadian shareholders from adverse US tax liabilities, while synchronizing electronic clearing between the CDS and the DTC.
NAVIGATING THE CRITICAL FRICTION POINTS
The traps that derail unprepared cross-border issuers—and how we solve them.
The Inversion & Tax Trap
Rolling a Canadian corporation into a US public shell without expert structural planning can trigger an accidental "corporate inversion" under US tax law—treating the foreign entity as a domestic US corporation and creating permanent double-taxation liabilities.
The Bid Price Hurdle
NASDAQ requires a minimum initial bid price of four US dollars. Emry provides alternative structuring options—such as sponsored American Depositary Receipt (ADR) facilities or asset drop-downs—to clear the threshold without devastating retail shareholders through harsh share consolidations.
Tailored Liquidity Dovetailing
We structure custom private-placement-in-public-equity (PIPE) components that deploy immediately upon closing, giving the newly combined entity the cash buffer needed to clear listing asset requirements.