DELTA DRONE issued certificates of bonds convertible into shares with warrants attached (BEOCABSA) reserved exclusively to YA Global Master SVP ltd investment fund, managed by the American management company YORKVILLE ADVISORS. Upon conversion of all these securities (convertible bonds and warrants) into shares, the overall transaction would increase the capital by 20 million euros.
With its extensive experience in IPO and legal follow-up of listed companies, LAMY LEXEL has been entrusted with this very specific capital increase by DELTA DRONE Group and its CEO Christian VIGUIE. Michel MASOËRO, partner, Frédéric DUPONT, senior manager and Benoit COLSON, lawyers at LAMY LEXEL assisted DELTA DRONE in implementing the issuance of BEOCABSA.
YORKVILLE ADVISORS was for its part assisted by EUROPE OFFERING on the financial engineering and by JEANTET ET ASSOCIES Law Firm (Frank Martin Laprade, partner, Cyril Deniaud, counsel) on the legal aspects.