A multi-national team of Dorsey lawyers represented Cenkos in this complex transaction which involved the creation of a permanent office for ClearStar in London and a Delaware merger and share exchange that resulted in the ClearStar group being headed by a Cayman Islands parent company, all of which was further complicated by ClearStar's status as a Regulation S, Category 3 issuer under the U.S. securities laws.
Cenkos aims high with IPO
Our client, Cenkos Securities plc, acted as nominated adviser and broker to ClearStar, Inc., a technology and service provider to the background check industry, in connection with its IPO on the London Stock Exchange's AIM market and an institutional placing, raising £7.4 million net of expenses.