BDB Pitmans LLP advised Light Science Technologies with a team including Oliver Pilkington (Picture – Equity Capital Markets).
Light Science Technologies Holdings has been admitted to AIM and placed £5m.
The company’s market capitalisation on admission was approximately £17.5m.
The net proceeds of the placing will be used to strengthen the company’s position in the indoor agritech controlled environment agriculture industry, while increasing the manufacturing capacity of its contract electronics manufacturing division.
Light Science Technologies provides a fully integrated technology solution for all Controlled Environment Agriculture (CEA) applications.
The Memery Crystal team was led by ECM partner Melanie Talbot and included Nick Davis.
BDB Pitmans Corporate partner Oliver Pilkington (Picture) led the deal, with assistance from associate Daniela Munro and solicitor Angelina Mikelova.