Our firm assisted NB Aurora on the Luxemburg Law aspect of its up to € 150,000,000 capital increase. On 21 September 2020, 15,000,000 statutory preferential rights (the “Rights”) have been offered to current holders of Class A Ordinary Shares. The Rights are admitted to trading on the MIV (Professional Segment) of Borsa Italiana and the exercise thereof will entitle their holder to subscribe to 15,000,000 new Class A Ordinary Shares admitted to trading on the MIV (Professional Segment) of Borsa Italiana. Failing such exercise, new Class A Ordinary Shares will be offered by way of private placement and thereafter listed. The increase of capital is used to reinforce the asset structure in order to apprehend future investment opportunities.
The Elvinger Hoss Prussen team was led by partners Karl Pardaens (Capital markets) and Joachim Cour (Investment funds).
