Login
Revasum completes $7.9m cap raise
National law firm, Maddocks, has advised US-based tech company Revasum on its latest capital raising, worth $7.9 million.
Emma Musgrave
To continue reading the rest of this article, please log in.
Create a free account to get unlimited news articles and more!
Firm: Maddocks (Revasum).
Deal: Revasum has completed a capital raising.
Value: $7.9 million.
Area: Finance, equity capital markets.
Key players: The legal team advising Revasum was led by Maddocks partner Catherine Merity, special counsel Rosamond Sayer and lawyer Millie Crighton.
Deal significance: Based in the US, Revasum designs and manufactures processing equipment for use in the fast-growing semiconductor market.
“The capital raising, announced on 1 February, was by way of a 1 for 3.5 accelerated non-renounceable pro-rata entitlement offer, comprising an accelerated institutional entitlement offer and a retail entitlement offer,” a statement from Maddocks explained, noting that the offer was underwritten by Shaw and Partners.
“This matter is the latest in which Maddocks has assisted Revasum.
“Maddocks advised the company on its ASX listing and A$30 million initial public offering in 2018 and continues to build on the experience of Maddocks Equity Capital Markets team on capital raising for technology clients, including Brainchip, Atomos, Pivotal Systems and Audinate over the last year.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
Email Emma on:
