Neptune Wellness Solutions Inc.’s $55 Million Registered Direct Offering

Fasken acted as legal counsel to Neptune in connection with this offering.

On February 17, 2021, Neptune Wellness Solutions Inc. a diversified and fully integrated health and wellness company focused on natural, plant-based, sustainable and purpose-driven lifestyle brands, entered into definitive agreements with institutional investors for the purchase of 27,500,000 common shares and issue to the investors, in a concurrent private placement, unregistered common share purchase warrants to purchase an aggregate of 6,875,000 common shares for aggregate gross proceeds of approximately US$55.0 million before deducting fees and other estimated offering expenses.

A.G.P./Alliance Global Partners is acting as sole placement agent for the Offering.

Neptune Wellness Solutions Inc. operates as an integrated health and wellness company.

The Fasken team comprised of Krisztian Toth (Picture), Peter Villani, and Oleg Stratiev. 

 

Involved fees earner: Oleg Stratiev – Fasken Martineau; Krisztián Tóth – Fasken Martineau; Peter Villani – Fasken Martineau;

Law Firms: Fasken Martineau;

Clients: Neptune Wellness Solutions Inc;

Martina Bellini

Author: Martina Bellini