GESSEL advises DataWalk S.A. on a public offering of newly issued P-series shares

GESSEL provided legal support to DataWalk S.A. in its public offering of P-series shares addressed to qualified investors and to not more than 149 investors benefitting from an exemption from the general duty to draw up a prospectus.

GESSEL delivered a comprehensive package of services, drafting the legal documentation, negotiating with investors, effectuating the public offering of shares within the target capital of the Company, and attending to all the regulatory aspects. The share issue was entered in the National Court Register on 31 August 2022.

At over PLN 38 million, this is one of the largest public offerings so far on the Warsaw Stock Exchange in 2022. Also, this is the fourth public offering on which DataWalk S.A. retained us as their counsel.

Krzysztof Marczuk, partner led a team composed of Michał Wieliński, senior associate, Michał Dunikowski, associate and Maciej Kowalski, associate.

DataWalk S.A. is a Polish tech company listed on the main floor of the Warsaw Stock Exchange, creator of big data security solutions. Its products are used, among other sectors, in the financial and insurance industries; it holds a number of European and American patents.