Thomson Geer advised large 3D printing system company AML3D (market cap A$69m) on two successful capital raisings – A$30m and A$6.9m – to boost the Australian-based business's expansion overseas.
Thomson Geer advised on each component of the placement to sophisticated and professional investors. This involved advising on placement agreements, preparing associated documents, liaising with the ASX and finalising notifications/announcements for lodgement with the ASX, and advising on shareholder approval required for the fundraising.
The raisings were significant for the client to double the capacity of its US manufacturing hub, establish a facility in the European market, continue to develop its software and technology to maintain its competitive advantage and accelerate US, Australian and global growth opportunities.
The Thomson Geer team was led by Partner Sanushka Seomangal, and supported by Lawyer James Ofosu-Asamoah.