Cases & Deals

Novastar participates in $7 million Series A investment in Metro Africa Xpress

Clients Novastar Ventures Limited

Jones Day represented Novastar Ventures Limited in connection with the purchase by funds under its management of $7 million of Series A Preferred Stock in a private placement by Metro Africa Xpress, Inc., a Nigerian technology company that facilitates motorcycle ride-share and delivery services in Nigeria, with plans to expand to ten additional cities in West Africa.

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