Thomson Geer acted for Artificial intelligence company, Dragontail Systems Limited (ASX:DTS) on its $19.25 million capital raise via an issue of convertible preference shares. It was a transformative transaction for Dragontail, who will use the proceeds to advance its expansion into the US and other global markets, including establishing a dedicated sales and marketing department.

The Thomson Geer team on this transaction was Partner, Jason Marcus, Special Counsel, Helen Jin and Lawyer, Hansel Tsang.