Ogier Advises On $253,000,000 ARYA Sciences Acquisition Corp Business Combination With Immatics Biotechnologies GmbH

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Ogier provides legal advice on BVI, Cayman, Guernsey, Irish, Jersey and Luxembourg law. Our network of locations also includes Beijing, Hong Kong, London, Shanghai, Singapore and Tokyo. Legal services for the corporate and financial sectors form the core of our business, principally in the areas of banking and finance, corporate, investment funds, dispute resolution, private equity and private wealth. We also have strong practices in the areas of employee benefits and incentives, employment law, regulatory, restructuring and corporate recovery and property. Our corporate administration business, Ogier Global, works closely with Ogier's partner-led legal teams to incorporate and administer a wide variety of vehicles, offering clients integrated legal and corporate administration services. We have the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost effective services to all our clients.
Ogier's Cayman Islands team has advised ARYA Sciences Acquisition Corp (ARYA), a special purpose acquisition company sponsored by Perceptive Advisors, LLC
Jersey Corporate/Commercial Law
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Ogier's Cayman Islands team has advised ARYA Sciences Acquisition Corp (ARYA), a special purpose acquisition company sponsored by Perceptive Advisors, LLC, on its business combination with Immatics Biotechnologies GmbH, a clinical-stage biopharmaceutical company active in the discovery and development of T cell redirecting cancer immunotherapies.

The business combination was effected by way of merger and share exchange. None of the ARYA's shareholders redeemed their shares in connection with ARYA's shareholder approval. Proceeds from the transaction were approximately $253 million, which included funds held in ARYA's trust account and certain private investment.

As a result of the business combination, the combined company is now known as Immatics N.V. and its shares currently trade on the Nasdaq Capital Market.

Ogier's team was led by partner Angus Davison and senior associate Michael Robinson.

Angus said: "We are delighted to have worked with ARYA and to have been able to offer our expertise on such a significant transaction."

Originally published July 21, 2020.

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