Maddocks advises Nightingale Intelligent Systems on IPO and ASX listing
Maddocks has advised US drone technology company Nightingale Intelligent Systems Inc. on its successful initial public offering and listing on the ASX as part of its global expansion strategy to disrupt the physical security market with automation technologies.
Nightingale is a Silicon Valley-based company that specialises in unmanned aerial systems (UAS) security robotic solutions and automating the physical security sector. Its use of UAS is designed to meet the future security needs of critical infrastructure for asset owners, and is considered a key area of growth and opportunity given the current geo-political environment.
Prior to the IPO and listing on ASX, Maddocks advised Nightingale on its pre-IPO convertible note raisings. The Maddocks team was led by Corporate Partner Catherine Merity, Special Counsel Rosamond Sayer and Lawyers Danielle Petit and Maxwell Padley.
Commenting on the deal, Catherine Merity said: “With major clients in key sectors across eight countries, Nightingale is seeking to disrupt the physical security market as the world looks increasingly for innovative security solutions such as drones.
“We were very pleased to work with the Nightingale team to successfully achieve its IPO and listing and place the company in a position to accelerate growth to protect critical infrastructure assets across the globe.”
Maddocks is a proudly independent Australian law firm that works closely with corporations, businesses and governments throughout Australia and internationally. We advise national and international clients across infrastructure and development and the education, government, healthcare, and technology sectors from our Canberra, Melbourne and Sydney offices. Our specialist expertise includes dispute resolution and litigation, employment and safety, financial services, franchising and insolvency.
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