Cases & Deals

Acta completes placing of £2 million of New Ordinary Shares

Clients Acta S.p.A.

Jones Day advised Acta S.p.A., a developer and manufacturer of clean energy products, in connection with the placing of approximately £2 million (US$3.25 million) through the issuance of 50,843,000 New Ordinary Shares at a placing price of 4 pence per share. The funds will be used to finance the working capital requirements of Acta's current commercial expansion.