CMS has acted as the issuer’s legal advisor on the IPO of Venture Inc S.A., a venture capital fund, which took place on 6 November 2017 at the Warsaw Stock Exchange. Venture Inc had been previously listed on NewConnect, and its debut on the WSE’s main market was the fifth transfer from NewConnect in 2017.
Venture’s public offering included the issue of 15m shares offered to institutional investors. The IPO will provide the company with approximately PLN 30m, which will be used to develop its portfolio with new technology start-ups and growth companies, increasing its stakes in portfolio companies, and investments based on governmental investment programmes.
The CMS team that advised Venture Inc S.A. on the IPO included Magdalena Trzepizur, advocate and associate, and Karolina Stepaniuk, lawyer, in Warsaw’s Corporate Department.