You have 0 free articles left this month.

Lawyers Weekly - legal news for Australian lawyers

Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
Big Law

Trajan completes IPO and listing

Trajan Scientific and Medical has been advised on its successful IPO and listing on the Australian Stock Exchange.

June 14, 2021 By Jerome Doraisamy
Trajan completes IPO and listing
expand image

Firm: DLA Piper (Trajan Scientific and Medical).

Deal: Melbourne-based global developer and manufacturer of analytical and life sciences instruments and devices Trajan has successfully completed its initial public offering and ASX listing. Proceeds from the IPO will be used to execute on the company’s “exciting global growth initiatives”.

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

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.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

You need to be a member to post comments. Become a member today
Got a tip for us?
If you have any news tips or stories to share, feel free to send them our way.
Momentum Media Logo
Most Innovative Company