DLA Piper has advised US technology company Updater Inc. (ASX: UPD) on its AU$50 million equity raising via an institutional placement.
Headquartered in New York, Updater has developed technology that makes moving easier. Founded in 2011, the company’s innovative tools have transformed the home relocation process in the US, allowing users to seamlessly transfer utilities, update accounts, redirect mail and more.
Future Mobility Corporation Ltd. (“FMC”), advised by King & Wood Mallesons (KWM), successfully raised a total of US$200 million, and will establish a high-end smart electric vehicle manufacturing base in Nanjing.
Loyens & Loeff Luxembourg advised Play Communications S.A. with the initial offering of its shares to retail investors, institutional investors and certain employees, and their listing on the regulated market operated by the Warsaw Stock Exchange for a value of approximately EUR 1 billion.
The Corporate team at national law firm Irwin Mitchell has advised Destiny Pharma plc on its successful admission to AIM.
Destiny Pharma Plc completed its £15.3 million placing and admission to the Alternative Investment Market on 4 September 2017 and in the process, became only the second life sciences company to join the London Stock Exchange this year.
The Brighton-based business will use the funds which have been raised to progress its lead drug, XF-73, which is designed to prevent post-surgical Staphylococcus aureus infections, including MRSA.
Slaughter and May has advised Credit Suisse (Hong Kong) Limited, as the manager, in relation to the HK$432.6 million secondary placing and sale of shares in Meitu, Inc. The placing and sale of shares represents approximately 0.77% of the issued share capital of Meitu, Inc.
Meitu, Inc. is a global innovator in mobile video and photography, including themed photo and video apps, and is listed on the Main Board of the Stock Exchange of Hong Kong Limited.
Contacts
John Moore (partner), Frank Bi (counsel), Jianhao Zheng (associate)
Ashurst advised Brighte Capital Pty Ltd on its A$4 million capital raise led by Grok Ventures.
Brighte was established in 2015 by Founder and CEO Katherine McConnell and provides on-the-spot finance online for home energy improvement such as solar panels and home batteries. Grok Ventures is a private investment vehicle established by Atlassian co-founder and co-CEO Mike Cannon-Brookes'.
Gernandt & Danielsson has advised Catena Media plc in connection with the admission to trading of the company’s shares on Nasdaq Stockholm. The first day of trading was on 4 September 2017.
The Corporate team at CMS Cameron McKenna Nabarro Olswang has advised Myanmar Strategic Holdings Limited (“MSH) on its IPO on the standard segment of the Official List and the London Stock Exchange's main market for listed securities.
Jeantet advised O2i, a company listed on Euronext Growth Paris, on a capital increase with preferential subscription rights, through the issuance of shares with share subscription warrants attached.
Following the subscription period, opened from July 14 to July 25, 2017, the subscription reached around 2.7 million Euros, exceeding the initial amount offered of 2.5 million Euros.
Norton Rose Fulbright has advised on certain international aspects of the TZS 476 billion (approximately US$215 million) initial public offering of Vodacom Tanzania Public Limited Company, a leading telecommunications provider in Tanzania.