New York, NY – December 1, 2021 – Ortoli Rosenstadt LLP, a New York full-service international law firm, today announced that it represented China Xiangtai Food Co., Ltd. (Nasdaq: PLIN) (“China Xiangtai”), an emerging growth company engaged in the processing of meat products, in a registered direct offering of 17,175,412 ordinary shares of China Xiangtai and a concurrent private offering of warrants to purchase up to 17,175,412 ordinary shares of China Xiangtai. The gross proceeds of the offerings were approximately $16.5 million.
The securities described above were offered pursuant to a shelf registration statement on Form F-3 (File No.: 333-238700) which was filed with the U.S. Securities and Exchange Commission on May 26, 2020, and declared effective on July 7, 2020.
“As a firm, we are proud to represent China Xiangtai for its offering,” commented Partner Jason Ye. “We would like to congratulate them, and we look forward to assisting them in their future endeavors.”
The Ortoli Rosenstadt LLP team included Partner Jason Ye and Associates Grace Bai and Shawn Chen.