Innovax Holdings Limited’s $23.1 Million Initial Public Offering

Sidley advised Innovax Capital Limited and Sinolink Securities (Hong Kong) Company Limited acting as joint sponsors and Innovax Securities Limited, Sinolink Securities (Hong Kong) Company Limited, BMI Securities Limited, Marketsense Securities Limited and Telecom Digital Securities Limited acting as the underwriters.

The total offering amount was HK$180 million (approximately US$23.1 million).

Innovax is a financial and securities service provider in Hong Kong which provides corporate finance advisory services; placing and underwriting services; securities dealing and brokerage services; securities financing services; and asset management services.

The Sidley team was led by partner Sherlyn Lau (Picture), with support from counsel Iris Yuen, associate Vanessa Lee and legal manager Alice Lai.

Involved fees earner: Sherlyn Lau – Sidley Austin LLP; Iris Yuen – Sidley Austin LLP; Vanessa Lee – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: Sinolink Securities; Innovax Capital Limited; BMI Securities Ltd; Marketsense Securities Limited; Telecom Digital Securities;

Author: Michael Patrini