Fasken advised London Stock Exchange Main Market-listed East Imperial plc, the global purveyor of ultra-premium beverages, on its £2.2 million fundraise, by way of 10% secured convertible loan notes issued to strategic investor WHI. The net proceeds will be used to provide additional working capital to support East Imperial plc’s plans for continued expansion.
Anthony Burt, CEO of East Imperial, said: “I’m extremely pleased to add such an important cornerstone investor to our investor group, who brings with them unparalleled experience and knowledge in a key strategic region for East Imperial. We will use the funds raised to capitalize on the future opportunities ahead of us, particularly to accelerate our growth in the strategically important US and explore further opportunities with WHI in Asian markets with greater sales resources and some new exciting product innovations.”
Fasken advised East Imperial plc, with a team led by Guy Winter and Leon Miller that also included Chloe Gill-Braun and Carlie Marrows.
In 2021, Fasken advised East Imperial Pte. Ltd on its reverse takeover by London Stock Exchange listed Bermele Plc, a special purpose acquisition firm, in a reverse takeover worth more than £24 million.
Anthony Burt, CEO of East Imperial, said: “I’m extremely pleased to add such an important cornerstone investor to our investor group, who brings with them unparalleled experience and knowledge in a key strategic region for East Imperial. We will use the funds raised to capitalize on the future opportunities ahead of us, particularly to accelerate our growth in the strategically important US and explore further opportunities with WHI in Asian markets with greater sales resources and some new exciting product innovations.”
Fasken advised East Imperial plc, with a team led by Guy Winter and Leon Miller that also included Chloe Gill-Braun and Carlie Marrows.
In 2021, Fasken advised East Imperial Pte. Ltd on its reverse takeover by London Stock Exchange listed Bermele Plc, a special purpose acquisition firm, in a reverse takeover worth more than £24 million.
Jurisdiction
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