Recent Transactions
Cayman Islands Counsel on the listing on 1 March 2024 of Class A ordinary shares and warrants of surviving entity BitFuFu Inc on Nasdaq (market cap over US$700M). In addition BitFuFu obtained US$74 million in private investment in public equity financing commitments from existing shareholders and strategic partners.
Cayman Islands counsel for Arisz Acquisition Corp., a publicly-traded SPAC in connection with Cayman and Delaware mergers to effect a deSPAC business combination with Finfront Holding Company, digital asset mining service and world-leading cloud-mining service provider operating under the trade name of “BitFuFu”
Lead Counsel for Swiss Private Bank in relation to investment fund products raising over US$1.25 billion for investment in technology, life services, healthcare, media, aircraft, sports and other private equity niche sectors.
Cayman Islands Counsel to Solidarium (Cayman) on several Series financings of BRL190 million and BRL310 million and most recently, US$186 million led by Wellington Management.
Acting for Rabasco Inc in the Court of Appeal win against Suresh Prasad as guarantor in respect of a claim of US$35 million
Acting for SOE, CCB International Overseas Limited in its successful debt claim against Sunnary Spark Group.
Acting for Oxus Acquisition Corp in its business contribution agreement with Borealis Foods Inc.
Acting on a US$300,000,000 subscription financing facility to a leading fund group
Acting on a US$85,000,000 subscription financing facility to a leading fund group.
Acting on a US $600,000 subscription financing facility to a leading fund group.
Lead Counsel for Swiss Private Bank in relation to investment fund products raising over US$1 billion for investment in technology, life services, media and aircraft.
Acting for Structure Therapeutics Inc.a clinical stage global biological company in its US$185 million NASDAQ listing, and US$300 million private placement equity financing
From 2016 to date, acting as counsel in respect of multiple Cayman Islands investment fund product launches to provide access vehicles for clients of a major Swiss regulated private bank (aggregate capital raised US$800 million) to invest in US funds and products managed by predominantly US managers in the real estate, technology and aircraft leasing sectors, including in relation to niche real estate sectors, and as lead investor counsel on behalf of such funds in connection with onwards investment transactions.
Acting for NASDAQ listed, Gridsum in going private with a US$75.5 million valuation.
Acted as Cayman Islands counsel to Solidarium (Cayman) and its wholly owned Brazilian subsidiary Olist, a leading Brazilian-based sales platform, on multiple Series Preference Share financings, since its original Series A financing in 2015, including as counsel on the most recent Series C BRL190 million financing (2019) and Series D BRL310 million financing (2020), both with lead investor SoftBank, and with follow-on investments in 2019 by Redpoint eventures and in 2020 by Valor Capital, Peninsula, Velt Partners, FJ Labs and angel investor Kevin Efrusy, and as counsel in respect of two Brazilian M&A acquisitions by Olist in Q4-2020.
Acting for Zai Lab in its HK$5.94 billion NASDAQ listing and secondary listing in Hong Kong
Acting on the launch of SCREP VII Opportunistic Real Estate Fund closed at US$2.75 billion
Acting for Grab in raising US$850 million from Japanese investors including Mitsubishi UFJ Financial Group Inc and TIS Inc
Acting for Polymer Capital Management a new Asian equity focused market venture hedge fund platform
Acting on the launch of PAG Asia III closed at US$6 billion.