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Microba Life Sciences lists on ASX

Gut health business Microba Life Sciences (ASX: MAP) has successfully listed on the Australian Securities Exchange, in an initial public offering that raised $30 million.

user iconJerome Doraisamy 20 April 2022 Big Law
Microba Life Sciences
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Firm: Thomson Geer (Microba Life Sciences)

Deal: Microba has listed on the ASX following a $30 million IPO and was advised by Thomson Geer on all aspects of the listing, including legal requirements in relation to the prospectus and the due diligence process.

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The IPO was backed by New York Stock Exchange-listed synthetic biology company Ginkgo Bioworks, which is backed by Bill Gates.

Area: Corporate, M&A

Value: $30 million

Key players: The Thomson Geer team was led by partner Emma Cook, who was supported by Belinda Pinnow and Robin Mahly.

Deal significance: Ms Cook said: “We were pleased to have been able to help Microba list on the ASX and enable investors to support its work in human health.”

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