Mayer Brown advises Velocys plc on £52 million equity fundraising
Mayer Brown has advised AIM listed Velocys plc, the company at the forefront of smaller scale gas-to-liquids (GLT), on its equity fundraising of £52 million by way of a placing.
Velocys will use the proceeds of the placing to further accelerate the adoption of the company’s technology following announcement of its first commercial project.