Nicox, an international ophthalmology company, completed a financing through a private placement of 6,849,316 new shares with warrants attached to subscribe up to 6,849,316 new shares. The gross proceeds of this financing amount to €10 million, without taking into account the possible exercise of the warrants attached.
Clifford Chance’s Paris office advised Nicox on this transaction with a team led by Aline Cardin, partner, consisting of Clément Delaruelle and Jean-Christophe Urrutia–Calvet, associates, advising on matters of French law, and Alex Bafi, partner, Olivier Plessis, counsel, and Garo Yaghsezian, associate, advising on US securities law matters.