Armstrong Teasdale Advises AIM-Quoted Invinity on Strategic Investment by Taiwan-Based Everbrite Technology
Armstrong Teasdale’s U.K. Capital Markets team recently advised Invinity Energy Systems PLC (Invinity) on a strategic investment of £2.5 million by Everbrite Technology Co., Ltd. (Everbrite) into Invinity, by way of a conditional subscription of new shares in Invinity (Subscription). Everbrite is a leading Taiwanese manufacturer of industrial technology, and this investment is intended to support a closer strategic relationship between the two companies in Taiwan and further afield.
The Subscription is conditional upon shareholder approval and Everbrite receiving certain necessary outbound investment approvals from the applicable regulatory authorities in Taiwan.
Joan Yu, head of the U.K. Capital Markets team at Armstrong Teasdale, said: “We were pleased to advise Invinity on this strategic investment from Everbrite and look forward to future opportunities to work with the Invinity team.”
The team was led by Joan Yu, with support from senior associate Coral Yu.
Jonathan Marren, Chief Development Officer and Interim CFO of Invinity, said: “We enjoyed working with Joan Yu and Armstrong Teasdale’s Capital Markets team. Their guidance has been invaluable as we strengthen our strategic relationship with Everbrite.”