Gessel has advised the Polish high-tech company DataWalk on the public offering of its new issue of shares to qualified investors via a book-building process. The total value of new issue of shares is estimated at PLN 65 million.
DataWalk is a developer of software that analyzes large amounts of data in the financial and insurance sectors. The company was listed on the Warsaw Stock Exchange in 2019.
According to Gessel, “the company plans to invest all funds from the sale and from investors to increase employment in the coming months.”
Gessel’s team consisted of Partner Krzysztof Marczuk, Senior Lawyer Julia Trzmielewska, and Lawyer Jakub Rowicki.