GAC Aion's Series A Financing
GAC Aion New Energy Automobile Co., Ltd. (“GAC Aion”), is a new energy auto brand owned by GAC Group. It successfully obtained investment from 53 new strategic investors and completed its Series A financing of approximately RMB 18.3 billion, with the post-investment value of approximately RMB 103.3 billion. The financing is the largest single private placement in the Chinese new energy auto industry in recent years. In this Series A financing, W88优德手机版 on behalf of GAC Aion, participated in the design and demonstration of the transaction plan, conducted the vendor due diligence, drafted and negotiated the transaction documents, demonstrated and reviewed the shareholder eligibility, and performed the procedures for trading on an equity exchange and the closing of the transaction.
Advent International investment in Seek
Advent International completed an equity investment in Seek Pet Co., Ltd. (“Seek”), a leading Chinese pet food manufacturer. This transaction involved an equity transfer and a capital increase. The project team conducted legal due diligence and played a key role in multiple rounds of negotiations with the target company and its selling shareholders. By carefully balancing the interests of the existing and founding shareholders, as well as the other investors, the team successfully facilitated the signing of the transaction documents. During the closing process, the team took the lead in handling the notification of the concentration of undertakings, completed the required filings and obtained regulatory approval within a tight timeframe. W88优德手机版’s team ensured the smooth coordination of the signing, closing, and the remittance of the investment funds, ultimately bringing the project to a successful conclusion.
Worg Pharmaceuticals (Zhejiang) Co., Ltd.’s Series D Financing
As the exclusive legal advisor of Worg Pharmaceuticals (Zhejiang) Co., Ltd. (“Worg” or the “Company”), W88优德手机版 assisted the Company to complete Series D financing. W88优德手机版 provided full legal services for Worg in this transaction. The project took six months from startup to closing and the team conducted several rounds of communication, discussion and coordination with investors on the transaction arrangements, the transaction documents and the closing arrangements. W88优德手机版 assisted the Company in the execution of the transaction documents and the closing by virtue of their rich experience in financing projects. The team will provide on-going legal services to the Company.
