Our Corporate and Commercial team advised a Cardiff-based tech company on a £1.1m equity investment package, enabling the business to accelerate its global expansion plans. Our client specialises in high-tech software for innovators and required the investment to expand its international customer base.
We negotiated the investment agreement and ancillary documents to enable our client to secure £500,000 from the Development Bank of Wales and a further £600,000 from private investors. The team also amended the company’s articles of association to ensure the articles met the investors’ requirements whilst still protecting the interests of the founding shareholders.
Our client benefited from our wealth of experience advising businesses on similar investments allowing our client to focus on putting the foundations in place to increase its brand globally in the years ahead.
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