On October 6, 2023 Tiny Ltd closed the transaction. The company issued 1,430,346 Class A common shares at a price of CAD 3.40 per common share for gross proceeds of CAD 4,863,176. No finder's fees or commissions will be paid in connection with the private placement. The transaction included participation from the founders of Letterboxd.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from two placees.