VIA Optronics’ $93.75 Million Initial Public Offering

Dechert advised VIA optronics AG on the deal.

VIA optronics AG (“VIA”), a leading supplier of enhanced display solutions, executed its initial public offering of 6,250,000 American Depositary Shares (“ADSs”), representing 1,250,000 ordinary shares at a public offering price of $15.00 per ADS, for gross proceeds of $93.75 million, before underwriting discounts and commissions – priced today. All of the ADSs are being offered by VIA. VIA ADSs are scheduled to begin trading on New York Stock Exchange today under the ticker symbol “VIAO.” Berenberg is the sole bookrunner on the deal.

VIA provides a wide range of customized display solutions, including curved display panels and solutions integrating multiple display touch assemblies under a single cover lens. Its customers operate across the automotive, consumer electronics, and industrial and specialized applications markets, and include companies such as BMW, Ferrari, Dell, HP, 3M, and Honeywell.

The cross-border Dechert team advising VIA was led by corporate partners Federico Pappalardo (Munich/Frankfurt; Picture) and David Rosenthal (New York), and included corporate partners Gregory Schernecke (Philadelphia) and Giovanni Russo (Munich). The corporate team advising also included in Munich national partners Dr. Karl von Rumohr and Carina Klaes-Staudt and associates Julia Keller, Florian Leitsbach, Sonja Feser, Christian Böhme (also New York), and Gottfried Graf von Bassewitz in Frankfurt (also London), and associates Allie Misner, Anna Tomczyk, Tu Le, G.T. Harris and Nicole Holden in the U.S. Multi-disciplinary aspects were handled by IP partner Thomas Rayski (New York), data privacy national partner Dr. Olaf Fasshauer (Munich), tax associate Andy Lau (Philadelphia), antitrust partner Clemens Graf York von Wartenburg (Brussels/Frankfurt), antitrust associate Thirith von Döhren (Frankfurt) and international arbitration associate Elina Lin (Beijing).

Involved fees earner: Christian Böhme – Dechert; Clemens Graf York von Wartenburg – Dechert; Olaf Fasshauer – Dechert; Sonja Feser – Dechert; Gottfried Graf von Bassewitz – Dechert; G.T. Harris – Dechert; Nicole Holden – Dechert; Julia Keller – Dechert; Carina Klaes-Staudt – Dechert; Andy Lau – Dechert; Tu Le – Dechert; Florian Leitsbach – Dechert; Elina Lin – Dechert; Allie Misner – Dechert; Federico Pappalardo – Dechert; Thomas Rayski – Dechert; David Rosenthal – Dechert; Giovanni Russo – Dechert; Gregory Schernecke – Dechert; Anna Tomczyk – Dechert; Thirith von Döhren – Dechert; Karl von Rumohr – Dechert;

Law Firms: Dechert;

Clients: VIA Optronics;