Ogier advises on crowdfunding platform IPO

Ogier has advised crowdfunding platform Dragon Victory International on its initial public offering of shares listed on NASDAQ.

Ogier advised on the Cayman law aspects of the IPO alongside lead counsel Hunter Taubman Fischer & Li LLC.

Dragon Victory International offers reward-based crowdfunding, business incubation services and financial services to entrepreneurs in China. Last Friday’s successful IPO raised $8.5m.

Ogier partner Bradley Kruger, who leads the firm’s Caribbean & Asia corporate practice group, with managing associate Mark Santangeli and associate Tommy Tuohy, advised on the Cayman Islands law aspects of the transaction.