Deals & Cases

05/19/2020

On May 18, 2020, Nice & Green SA (N&G) and WISeKey International Holding Ltd (WISeKey) entered into an investment agreement regarding N&G's investment of up to CHF 10 m in WISeKey. The investment is made on the basis of an equity-linked debt instrument issued by WISeKey consisting of convertible notes issued in twenty-five tranches to be drawn over twenty-four months against issuance of convertible notes. The convertible notes are mandatorily convertible into equity at the discretion of N&G within a period of 12 months after their issuance, with a conversion rate of 95% of the lowest volume-weighted average price during the ten trading days preceding the conversion date.


Based in Nyon, Switzerland, N&G is a private company which specializes in financing solutions tailored to the requirements of listed growth companies in the biotech and cleantech industries.


Homburger acts as legal advisor to N&G in connection with the investment agreement. The Homburger team is led by partner Frank Gerhard and included associate Nicola Togni (both Corporate | M&A).