LEСAP became a legal advisor in protecting the interests of minority shareholders in the IPO of PJSC “Arenadata Group”.
The IPO was at the upper end of the price range. Arenadata Group became the first publicly traded company among developers of system data software.
On October 1, 2024, Arenadata Group made a successful initial public offering on the Moscow Exchange. The IPO was at the upper end of the price range. Arenadata Group became the first publicly traded company among developers of system data software.
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LECAP represented a shareholder with a 25%+ stake, part of whose stake was sold in the IPO. LECAP was also involved in supporting the reorganization of the company into a joint stock company, development of corporate documentation, prospectus, offering agreements, and terms of the option program for management.
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