Middlefield Limited’s Infrastructure Dividend Split Corp. has established a $150 million at-the-market (ATM) equity program, enabling the Canadian equity income asset manager to issue shares on a continuous basis. The ATM program is offered pursuant to a prospectus supplement dated August 13, 2025 to the company’s short form base shelf prospectus dated June 17, 2025, and allows Infrastructure Dividend Split Corp. to sell Class A shares and Preferred shares to the public from time to time at prevailing market prices, at the company’s sole discretion. The maximum gross proceeds from the issuance of the shares will be $75,000,000 for each of the Class A and Preferred shares, for an aggregate of $150,000,000, with proceeds to be used in accordance with the company’s investment objectives and strategies.

Fasken advised Middlefield Limited, the manager of the fund, with a team that consisted of Stephen Erlichman, Daniel Fuke, George Soules and Brittany Vanword (Capital Markets and Investment Management); and Andrew Haikal and Katerina Ignatova (Tax).