Walkers (London) has acted as British Virgin Islands (BVI) law counsel to Kerogen Investments No. 38 Limited (“Kerogen”), a part of the Kerogen Capital group, in relation to its entry into a sale and purchase agreement with its listed joint venture partner and project operator Energean plc (“Energean”) for the sale of its 30% shareholding […]
Author: Idan Nishlis
DLA Piper advised leading Israeli private equity fund Fortissimo Capital on the acquisitions of an 85% majority stake of Sanquin Plasma Products B.V., the sole Dutch manufacturer of a broad range of medicines derived from blood plasma and Plasma Industries Belgium cvba-scrl, which provides solutions for the separation of blood plasma into proteins that improve the quality […]
Gornitzky & Co. has represented Israeli fintech company, Rapyd in its landmark USD 300 million financing round led by Coatue Management. The Series D financing takes the company’s valuation to USD 2.5 Billion. New investors came on board, including Spark Capital, Avid Ventures, FJ Labs and Latitude; while previous backers joined again, such as General […]
Founded in 2015, Israeli digital insurance company, Lemonade has issued a second offering of its shares on the NYSE, totaling approximately USD 800 million. The second offering follows a 532% increase in the share price since July 2020 and the company now trades at over USD 10 Billion. As part of this public offering, Lemonade offered […]
Global Legal Media and Nishlis Legal Marketing are delighted to announce the publication of The US-Israel Legal Review 2020. Published in association with ACC Israel, the issue features: * The second annual Israel Desks League Tables, showcasing those international law firms involved in Israeli deals and with Israeli clients. * Overview of the Impact of […]
A major trend in the transactional world over the past year has been the SPAC IPO, which served as a popular alternative for the traditional IPO. The role of a special purpose acquisition company (“SPAC”) is solely to raise capital through an IPO for the purpose of acquiring an existing company or merging with one. SPACs […]
Clean tech, agriculture, and food & beverage are among those presenting the largest opportunities, says Bank Leumi USA President, Avner Mendelson. Speaking of the normalization deals with UAE, Yariv Ben-Ari explored the developing relationship in a December webinar for Herrick: “Doing Business in the UAE: Insights on the Ground & Outlook on Opportunities.” “The main impact is […]
Gornitzky & Co. acted for PlanetArc Bio Ltd. in its IPO of shares and warrants on the Tel Aviv Stock Exchange, making them the first company to do so in 2021. Demand for shares in PlanetArc Bio was very high during a public tender, leading to a post-IPO company value of NIS 60 million. PlanetArc […]
Taylor Wessing and Naschitz Brandes Amir have advised on the USD 95 million funding round for UK fintech company, Curve, ahead of a planned U.S. launch and further European growth. Taylor Wessing represented Curve on the Series C fundraising, building on previous work with Curve including its USD 55 million Series B funding round in […]
Israeli mobile gaming company Playtika has filed with the U.S. Securities and Exchange Commission for an IPO on NASDAQ. In an updated prospectus, the Herzliya-based gaming firm says it plans offering shares worth about USD 1.6 Billion at a company valuation of between USD 8.6 Billion and USD 9.4 Billion, with half the sum in […]