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Published 8 junio 2020
Partner Jonathan Deverill and Solicitor Florina Thenmayer in DAC Beachcroft’s Corporate Finance team advised on the fundraising, which was oversubscribed.
The net proceeds of the Fundraising will be used to:
Jonathan Deverill, partner and lead on the project, comments: “This is the third key project we have supported Open Orphan on, following our advice on their successful takeover offer for Hvivo, announced on 9 December 2019, and earlier work - for their financial adviser and broker, Arden Partners PLC - on the merger with Venn Life Sciences last summer. With the current focus on finding solutions to COVID-19, it’s an exciting time for the company and we’re delighted the fundraising was so well received.”