Halcyon Capital Acquisition Corp.

NEO: HCA.U

Capital pool company seeking a qualifying transaction. Shares registered office with Northpeak Lithium and two prior shells. Related-party loan flagged.

Overview Flags Filings Contradictions Risks Network Enforcement Insider trades

Open flags

Merger partner shares directors and office with another issuer

Reverse Merger

The company Halcyon plans to merge with (Slocan Ridge Holdings) uses the same office and overlapping directors as Northpeak Lithium. Three of five Halcyon directors also hold roles at Northpeak.

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Registered office has hosted multiple shell companies

Shell Risk

Halcyon's Vancouver office (Suite 1820, 1055 W. Georgia St.) has been the registered address for 7 public issuers in the last decade — 3 were later cease-traded by regulators.

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$1.2M loan to a related company skipped a minority shareholder vote

Related-Party

Halcyon lent $1.2M to Northpeak Lithium — a company it shares directors with. The board approved it internally, but the required minority shareholder vote (MI 61-101) is not addressed anywhere in the disclosure.

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CEO was previously fined and suspended by IIROC

Enforcement Hit

Grayson Holt was fined $42,000 and suspended for 6 months by IIROC in 2017 for hiding related-party involvement in three private placements. Name match: 91%.

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