Conyers’ Dubai office provided Cayman law advice to Mara Partners FS Limited in connection with its founding shareholder subscription of Ordinary Shares and Warrants of Atlas Mara Co-Nvest (“Atlas Mara”). Atlas Mara raised gross proceeds of $325 million in connection with its Initial Public Offering of Ordinary Shares with Warrants being issued to subscribers of Ordinary Shares in the IPO on the basis of one Warrant per Ordinary Share. The Ordinary Shares (ATMA) and the Warrants (ATMW) issued by Atlas Mara are listed on the London Stock Exchange’s main market.
Atlas Mara expects to focus on acquiring a company or business in the financial services sector with all or a substantial portion of its operations in Africa.
Conyers’ Fawaz Elmalki advised Mara Partners FS Limited on the matter. Greenberg Traurig Maher LLP were English law and US law advisers to Atlas Mara.