Locke Lord London Team Advises Thalassa Holdings in Equity Fundraising

A Locke Lord team led by Sean Page and Charlotte Whitley-Roberts (both of London) advised Thalassa Holdings Ltd., a diversified holding company, in its recent equity fundraising by way of an innovative ‘Dutch auction,’ raising gross proceeds of £2,177,500. Fundraising efforts included a conditional subscription to be completed by December 2025 to raise an additional £3 million for the company. For the resulting shares to be admitted to the equity shares (transition) category of the Financial Conduct Authority’s (FCA) Official List and for trading on the London Stock Exchange’s main market ‎for listed securities, the Locke Lord team advised Thalassa Holdings on the preparation and approval by the FCA of a simplified prospectus. For more information, see the press release.
Posted on December 20, 2024