Lucosky Brookman LLP Serves as Special NASDAQ Counsel to Lucy Scientific Discovery, Inc. in Connection with Successful IPO
Lucosky Brookman LLP is proud to announce its role as Special NASDAQ Counsel to Lucy Scientific Discovery, Inc. in connection with the successful completion of the company's recent initial public offering (IPO). Lucy Scientific Discovery is a clinical-stage biotechnology company committed to developing innovative gene therapies. The company offered 7,500,000 shares of common stock at a public offering price of $10.00 per share, raising gross proceeds of $75 million before underwriting discounts, commissions, and other expenses. The offering closed on February 13, 2023, and the underwriters have a 45-day option to purchase up to an additional 1,125,000 shares of common stock from Lucy Scientific Discovery.
Lucosky Brookman LLP provided strategic and legal guidance to Lucy Scientific Discovery, enabling the company to achieve success in the IPO. The firm's seasoned securities lawyers have in-depth knowledge and experience in dealing with the legal and regulatory requirements associated with going public. They worked closely with Lucy Scientific Discovery throughout the IPO process to help the company meet NASDAQ's stringent listing standards and compliance requirements, which were vital to the success of the offering.
Lucosky Brookman LLP played a pivotal role in advising the company on the nuances of NASDAQ's rules and regulations, the preparation of the prospectus, and the filing of the registration statement. They were also instrumental in providing guidance to the company on the preparation of its governance and compliance policies, which are essential to maintaining the company's status as a publicly traded entity.
Lucosky Brookman LLP congratulates Lucy Scientific Discovery, Inc. on its successful IPO and looks forward to continuing its work with the company in achieving its strategic goals. The firm's seasoned securities lawyers are committed to providing clients with strategic and legal guidance to navigate the complexities of the capital markets. They have the experience and knowledge necessary to provide clients with tailored solutions that meet their unique business objectives.