menu
back

Press releases

Jeantet advises GLOBAL BIOENERGIES on its private placement

Cyril Deniaud , Clémence Gagneux

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).