DLA Piper advises on tech deal

DLA Piper Australia has acted for Calix Limited, a minerals processing technology company, in a raising set to deliver up to $54.6 million of new capital.Calix Limited has issued to two…

Lawyers Weekly • 24 October 2011 • Big Law

DLA Piper Australia has acted for Calix Limited, a minerals processing technology company, in a raising set to deliver up to $54.6 million of new capital.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Lawyers Weekly. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Calix Limited has issued to two institutional investors up to $40 million of bonds, which can be converted into ordinary shares in Calix and up to 20 million options to subscribe for new ordinary shares in the company.

One of the investors is a leading global institutional asset manager with over $29 billion of assets under management, and the other is a significant Australian-listed investment house. Neither investor wished to be named.

DLA Piper corporate partner led the DLA team with senior associate Christalyne Look and solicitor Dylan Burke.

Mark Burger said the capital raising would allow Calix to pursue its strategy to commercialise its technology.

VIEW ALL

We're evolving — and so should your insights. Heads up — Lawyers Weekly is going premium from 1 May for just $5 a month. Stay informed without missing a beat. More information coming soon.

You need to be a member to post comments. Become a member for free today!

Lawyers Weekly - legal news for Australian lawyers

SECTIONS

MORE

DLA Piper advises on tech deal

OUR PLATFORMS AND BRANDS

EVENTS AND SUMMITS

PODCASTS

LEARNING AND EDUCATION

MOMENTUM MARKETS NETWORK

LINKS

STAY CONNECTED