• In May 2024, Westaim sells 5,060,000 Skyward Shares for net proceeds of approximately US$177.3 million through a final secondary offering.
  • In September 2024, Westaim sells its remaining 1,919,639 Skyward Shares for net proceeds of approximately US$79.0 million. Westaim’s long term investment in Skyward Specialty generates strong, tax efficient returns, with total realized proceeds of US$$454.4 million (C$618.2 million) and a gross internal rate of return (“IRR”) of 12.8% (US$) and 14.8% (C$).
  • CC Capital and Westaim to create integrated insurance and asset management platform: CC Capital to invest US$250 million in Westaim at C$4.75 per common share bringing total investable capital base to approximately US$700 million.