Noerr has advised ODDO SEYDLER Bank AG on a capital increase of STARAMBA SE from authorised capital and the successful issue of convertible bonds. All new shares and convertible bonds of STARAMBA SE have been successfully placed with institutional investors in a private placement.
STARAMBA SE, which is listed on the Regulated Market segment of the Frankfurt Stock Exchange (General Standard) and the Berlin Stock Exchange, develops and sells apps, games and 3D-printed photo-realistic figures made of polymer clay in cooperation with renowned licensors from international sports and entertainment. The issue proceeds will essentially be used for furthering structural measures at STARAMBA and for promoting the company's continued growth in the three promising business segments figures, scanners and virtual reality.
The Noerr partners Dr Laurenz Wieneke and Dr Julian Schulze De la Cruz were involved in the transaction for ODDO SEYDLER. The Frankfurt-based capital markets team of Noerr regularly advises ODDO SEYDLER on capital markets and real property transactions and was already involved in the capital increase with subscription rights and the successful private placement of shares of STARAMBA SE in October 2016.
Advisers to ODDO SEYDLER: Noerr LLP
Dr Laurenz Wieneke, Dr Julian Schulze De la Cruz (both lead); Associate: Dr Dominik Kloka, LL.M. (all Capital Markets, Frankfurt)