Thorney Technologies’ $25.3 Million Capital Raising

Arnold Bloch Leibler has advised ASX-listed technology investment company Thorney Technologies (ASX: TEK) on its capital raising.

Rich Lister Alex Waislitz’s Thorney Technologies will raise  A$25.3 million via a fully-committed two-tranche placement of ordinary shares to institutional, sophisticated and professional investors.

The funds will be invested in technology-related investments at all phases of the investment life cycle.   

Thorney Technologies is an investment company  with a broad mandate to invest in technology-related investments at all phases of the investment life cycle.

The ABL team was led by partner Gavin  Hammerschlag (Picture), assisted by lawyers Max Grunwald and Megan Hosiosky. 

Involved fees earner: Max Grunwald – Arnold Bloch Leibler; Gavin Hammerschlag – Arnold Bloch Leibler; Megan Hosiosky – Arnold Bloch Leibler;

Law Firms: Arnold Bloch Leibler;

Clients: Thorney Technologies ;

Author: Sonia Carcano