Bright Ascension Limited’s Capital Raising

Lindsays advised Capital for Colleagues plc on the deal.Capital for Colleagues plc (C4C) converted its existing A share investment into new ordinary shares valued at £1,750,000 in Bright Ascension Limited alongside additional funding from new investors of £1,000,000.

Bright Ascension is an industry-leading space software technology provider that offers unique off-the-shelf software products and solutions for the delivery of space-based services, both on spacecraft and on the ground.

Douglas Roberts (Picture), a Partner in the Corporate Team and who leads the Employee Ownership Team at Lindsays, advised C4C.
Involved fees earner: Douglas Roberts – Lindsay; Law Firms: Lindsay; Clients: Capital for Colleagues plc ;

Author: Giulia Di Palma