Liberum acts as Joint Bookrunner on $30 million fundraise for WANdisco plc
We are pleased to announce that Liberum acted as Joint Bookrunner on a Placing and Subscription raising $30.0 million for WANdiso plc.
WANdisco is the data activation platform for accelerating digital transformation at scale. WANdisco makes infinite data actionable across clouds and enterprises in real time. WANdisco customers unleash the business value of the cloud with zero downtime, data loss, or disruption to fuel AI and machine learning, create new services, and transform businesses.
The net proceeds of the fundraise will allow WANdisco to take advantage of the opportunities ahead and execute on its turnaround plan. The funding gives the company a more robust balance sheet and the financial flexibility to provide all stakeholders and potential customers with confidence for the future. Following completion of the fundraise, Stephen Kelly and Ijoma Maluza have also taken up permanent roles as CEO and CFO respectively.
Liberum acted as Joint Bookrunner.
Investment Banking – Max Jones, Benjamin Cryer, Miquela Bezuidenhoudt
Sales – Oliver Baxendale, Will Game, Julian Plant
Legal – Rebecca Gordon
Corporate and Investor Relations – Marcio Remedios
Settlements – Mark Proctor