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Client Work

Neptune Wellness Solutions Inc. in its U$35 million Private Placement

Fasken
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Overview

Client

Neptune Wellness Solutions Inc

On October 23, 2020 Neptune Wellness Solutions Inc., a health and wellness company focused on natural, plant-based, sustainable and purpose-driven lifestyle brands, closed its previously announced private placement with certain healthcare-focused institutional investors.

The Company issued 16,203,700 common shares and 10,532,401 warrants to purchase 10,532,401 common shares. The offering price was US$2.16 per share for gross proceeds of approx US$35 million before deducting fees and other offering expenses (the "Private Placement"). 

Fasken advised for Neptune Wellness Solutions Inc. with a Corporate Finance team led by Krisztian Toth and including Peter Villani and Oleg Stratiev.
 

Jurisdiction

  • Ontario

Team

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