Airobotics Ltd’s Initial Public Offering

CNPLaw LLP acted as Singapore counsel for Airobotics Pte Ltd in connection with the initial public offering.

Airobotics, Ltd. has filed for an IPO on the Tel Aviv Stock Exchange.

The IPO successfully completed in September 2021.

Airobotics is believed to have raised less than a third of the $240 million valuation at which it raised money privately less than three years ago.

The flotation was led by Leumi Partners and Discount Capital.

The proceeds of the offering are meant to finance the company’s day to day activity in accordance with its goals and business strategy, which include expansion of its activity and investment in research and development.

Airobotics provides an end-to-end, fully automatic solution for collecting aerial data and gaining invaluable insights.

The CNP Law team consisted of Ken Chia (Picture), Hazel Ho Tsastsina, Sylvia Koh and Lai Zheng Yong.

Involved fees earner: Ken Chia – CNPLaw LLP; Hazel Ho-Tsastsina – CNPLaw LLP; Sylvia Koh – CNPLaw LLP; Lai Zheng Yong – CNPLaw LLP;

Law Firms: CNPLaw LLP;

Clients: Airobotics;

Sonia Carcano

Author: Sonia Carcano