CRONE ADVISES PALOMINO LABORATORIES INC. ON $17 MILLION PRIVATE PLACEMENT
Crone advised Palomino Laboratories Inc. (OTCQB: PALX), an optical data communications technology company, in connection with its $17 million private placement of common stock.
As disclosed by the Company, the transaction involved the issuance of shares of its common stock to investors in a private financing. Additional information regarding the offering can be found in the Company’s official press release Palomino Laboratories Inc. Closes $15 Million at $4/share issued after the first closing of the private placement.
The transaction was led by Tammara Fort (corporate/M&A), with support from senior associate Cassi Olson (capital markets) and associate Aditya Wadhwa (corporate/M&A).
Crone is a boutique capital markets and corporate M&A law firm providing sophisticated counsel to companies and investment banks. Many of our Partners previously practiced at some of the most prestigious law firms in the world, and we are deliberately structured to emphasize senior-level engagement on our deal teams. This model, combined with our streamlined, client-focused approach, enables us to deliver strategic, practical and globally informed solutions to our clients.
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