Arnold Bloch Leibler has acted for Australia’s leading online men’s health platform, Mosh, on its recent $25 million capital raising. The raising welcomed significant pre-IPO and institutional investors as the business looks ahead to an IPO.
As reported in the Australian Financial Review, the pre-IPO convertible note raising is intended to support expansion into new men’s health verticals and product development.
Corporate and M&A partner Gavin Hammerschlag and lawyer Elissa Raines advised on the raising. Shaw and Partners acted as lead manager.
Gavin Hammerschlag commented on the transaction: “Having advised Mosh on its previous capital raisings, it is exciting to advise Mosh on this significant milestone and see its bold expansion plans continue as a leader in the online health space.”
ABL also advised on Mosh’s $10 million capital raising in July this year.
