Paris, 26 September 2018. Jeantet advised GLOBAL BIOENERGIES, an innovative company working on converting renewable resources into hydrocarbons through fermentation, on its private placement on Euronext Growth Paris market, for a total of € 6.2 million.
The private placement was open from September 20, 2018 (6:00 pm) to September 21, 2018 (8:30 am). The transaction allowed the company to raise around € 6.2 million through the issuance of 560,694 shares at a share subscription price of € 11.13, fixed following an accelerated book building process.
Settlement-delivery of the shares offered and their admission to trading on Euronext Growth Paris market took place on September 25, 2018 (ISIN FR0011052257 / ticker ALGBE).
The private placement was handled by Gilbert Dupont, acting as sole lead manager and bookrunner.
Jeantet (company’s counsel): Cyril Deniaud, partner, and Clémence Gagneux, associate (Corporate / Capital market law department).