Water treatment company advised on $36.5m raise

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Water treatment company advised on $36.5m raise

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Decentralised water and waste water treatment solutions company Fluence Corporation has been advised on its successful raising to fund its international growth.

Firm: Lander & Rogers (Fluence Corporation Limited); Canaccord Genuity (lead manager and bookrunner); Odeon Capital Group on behalf of EAS Advisors (co-manager)

Deal: Landers has advised ASX-listed Fluence Corporation Limited on its successful raising of A$36.5 million via a share placement of ordinary shares to both international and domestic, institutional, sophisticated, and professional investors, and its share purchase plan offer to shareholders in Australia and New Zealand.

Value: $36.5 million

Area: Corporate

Key players: The firm lawyers involved in the matter were lead partner Alex Ding and special counsel Eddy Goldsmith.


Deal significance: Mr Ding, who led this deal said, “We were delighted to help Fluence Corporation achieve its objective of securing financial backing from highly regarded large anchor investors in the US, and to support them in implementing a share purchase plan for its shareholders in Australia and New Zealand — it is exciting to help an ASX-listed company with its rapid international growth”.

Jerome Doraisamy

Jerome Doraisamy

Jerome Doraisamy is a senior writer for Lawyers Weekly and Wellness Daily at Momentum Media.

Jerome is an admitted solicitor in New South Wales and, prior to joining the team in early 2018, he worked in both commercial and governmental legal roles and has worked as a public speaker and consultant to law firms, universities and high schools across the country and internationally. He is also the author of The Wellness Doctrines self-help book series and is an adjunct lecturer at the University of Western Australia.

Jerome graduated from the University of Technology, Sydney with a Bachelor of Laws and Bachelor of Arts in Communication (Social Inquiry).

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

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