White & Case LLP advised the underwriters on the offering.
Piedmont Lithium Limited executed the offering of 1.75 million American depositary shares, representing a total of 175 million ordinary shares. The offering was upsized at pricing, resulting in gross proceeds of approximately US$122.5 million.
J.P. Morgan, Evercore ISI, Canaccord Genuity, B. Riley Securities, Inc., BTIG, LLC, Loop Capital Markets LLC, Roth Capital Partners, LLC, ThinkEquity, a division of Fordham Financial Management, Inc., Jett Capital Advisors LLC, and Tuohy Brothers Investment Research, Inc. acted as underwriters for the offering.
Piedmont is a Nasdaq and ASX dual-listed company that is developing a world-class integrated lithium business in the United States to serve the fast-growing US electric vehicle supply chain.
The White & Case team advising the underwriters was led by partners Andrew Weisberg (Picture) and Oliver Wright, and included associates Leia Andrew, Terrel Ferguson and Andie Reyes, all in New York; and partner Nirangjan Nagarajah and associate Stephen Carlton, both in Melbourne.
Involved fees earner: Leia Andrew – White & Case; Stephen Carlton – White & Case; Terrel Ferguson – White & Case; Nirangjan Nagarajah – White & Case; Andrew Weisberg – White & Case; Oliver Wright – White & Case;
Law Firms: White & Case;
Clients: B. Riley Securities; BTIG, LLC; Canaccord Genuity; Evercore Inc.; J.P. Morgan Securities LLC; Jett Capital Advisors; Loop Capital Markets; Roth Capital Partners, LLC; ThinkEquity; Tuohy Brothers;