redT energy’s Reverse Takeover Of Avalon

Osborne Clarke advised redT energy on this deal. The deal concerned the acquisition of Avalon Battery Corporation and associated placing and open offer, which raised a total of £8 million (before expenses). The acquisition constitutes a reverse takeover under the AIM Rules for Companies. Following re-admission to AIM, the combined business will be named Invinity […]

Hays plc’s Shares Placing

Slaughter and May, Paul, Weiss, Rifkind, Wharton & Garrison LLP and Mourant advised Hays plc on this placing. The Placing, which represented c.14.3% of Hays’ existing issued ordinary share capital, was announced on 2 April 2020. It was conducted by an accelerated book-building process, with BofA Securities, Jefferies International Limited, and UBS AG London Branch […]

MedGenome’s $55 Million Series D Funding

Debevoise & Plimpton LLP advised Leapfrog Investments in the transaction. MedGenome, a leading genetic diagnostic testing and genomics research company with operations in the US, India, Canada and Singapore, has raised $55 Million in Series D funding round. Leapfrog Investments led the round. Existing investors Sofina and Sequoia also participated in the funding round. MedGenome […]

Playzido’s Multi-Investor Fundraising Round

Fladgate LLP has advised Playzido on this transaction. The successful EIS-qualifying equity fundraising round involved 11 new investors. Playzido operates an open B2B platform in the online gaming sector, and supplies a remote gaming server to betting and social gaming operators. In addition to providing a portfolio of entertaining games from some of the most […]