Practice Areas - Equity Capital Markets Law Firms and Lawyers
Deal Date: | 07-05-2020 | Practice Area: | Equity Capital Markets |
Deal Title: | Intelligent Ultrasound Group Placing of Ordinary Shares | Industry: | Software & Computer Services |
Description: |
Memery Crystal advised Intelligent Ultrasound Group plc on a GBP5 million placing.
Intelligent Ultrasound Group plc, the AIM-listed ultrasound artificial intelligence software and simulation company, raised gross proceeds of GBP5 million through the placing with institutional investors of 49,400,000 ordinary shares at a price of 10.5 pence per ordinary share.The net proceeds of the placing were to be used to develop Intelligent Ultrasound Group plc's products and provide additional working capital.
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Financial Center: | London | Value: | 0.00-100.00 |
Advised Party: | Issuer | Law Firm | Memery Crystal |
Issuer Jurisdiction - | United Kingdom | Listing Jurisdiction - | United Kingdom |
Classification: |
Secondary Offerings and Placings LSE: AIM: |
Lawyer | Lesley Gregory |