Gide advises the banks on the EUR 40.5 million share capital increases of Carmat
26 April 2022
Deals | France | USA | Banking & Finance
Gide has assisted the banks on Carmat's share capital increases reserved to specialized and strategic investors in Europe and the United States. The transaction also included an offer to the public aimed at retail investors via the PrimaryBid platform. The total amount of the capital increases is approximately EUR 40.5 million.
The proceeds of the transaction will be used to ensure the continuity of its activities, and notably to support the restart of the production of its Aeson® artificial heart.
Gide advised Bank Degroof Petercam SA/NV et ODDO BHF SCA as global coordinators – lead managers and joint bookrunners.
The Gide team was headed by partner Arnaud Duhamel and counsel Guilhem Richard, working with associates Mariléna Gryparis and Shanna Kim, and of partner Melinda Arsouze and associate Scott Logan, on U.S. law aspects.
Jones Day advised Carmat. The Jones Day team was headed by partners Charles Gavoty and Alexandre Wibaux, working with associate Patricia Jimeno on French legal aspects, and partner Linda Hesse and associate Seth Engel on US legal aspects. The tax aspects were handled by partner Nicolas André and associate Théo Piazza.