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Trajan Scientific and Medical has been advised on its successful IPO and listing on the Australian Stock Exchange.
Firm: DLA Piper (Trajan Scientific and Medical).
Value: The IPO raised $90 million at an offer price of $1.70 per share.
Area: Capital markets.
Key players: The cross-jurisdictional team was led by partner Chris Mitchell with support from senior associate Chanel Mercurio, and solicitors Simon Rimmelzwaan and Davina Khoo. Mr Mitchell and the Australian team were supported by colleagues from the US, UK, Japan, Singapore, Canada, France, Switzerland, Germany and Denmark.
Deal significance: Mr Mitchell said it was an “absolute pleasure” to assist Trajan in its listing.
“A big congratulations to founders, Stephen and Angela Tomisich, who have created an incredible company with global infrastructure, unique technologies and, importantly, a dedicated team that is truly focused on science that benefits people and having an impact on human wellbeing,” he said.
“We look forward to continuing to support the Trajan team as they implement their global growth initiatives.”
Trajan chief executive and co-founder Stephen Tomisich added: “DLA played a critical role in our successful IPO. They lead the program with discipline and intensity ensuring on time delivery of the vital milestones along the way.
“The IPO process went very smoothly which was testament to the collaborative approach and hard work from everyone involved.”
Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.
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