Find your Advisor


Degroof Petercam – IMAP Belgium acts as Joint Global Coordinator in Sequana Medical’s €16mn private placement

This transaction highlights Degroof Petercam’s ability to deliver bespoke and out-of-the-ordinary deal structuring solutions and showcase resilient cross-country healthcare franchises.

IMAP is pleased to announce that Degroof Petercam – IMAP Belgium has acted as Joint Global Coordinator and Settlement Agent in the €16 million private placement of new shares and subscription rights of Sequana Medical.

Sequana Medical successfully raised €16 million in a private placement of 4,445,205 new shares, representing approximately 18.7% of the company’s outstanding shares, and of 1,111,294 new subscription rights (representing c. 4.7% of the current outstanding shares if exercised). The new shares were placed at a price of €3.55 per share, reflecting a 30.4%discount compared to the 30-day VWAP.

The company intends to use the net proceeds primarily in connection with its two proprietary technologies: (i) pivotal studies and Pre-Market Approval progression related to alfapump®, and (ii) US Phase1/2a study initiation and Quality Management System development for DSR®.

The Degroof Petercam – IMAP Belgium team, led by Erik De Clippel, acted as Joint Global Coordinator and Settlement Agent to Sequana Medical. This transaction highlights Degroof Petercam’s ability to deliver bespoke and out-of-the-ordinary deal structuring solutions and showcase resilient cross-country healthcare franchises.

Latest news


No records found
Contact us
CONNECT WITH AN ADVISOR.
Middle-market M&A is a world of opportunity, and with that comes a sea of options and moving parts. Your advisor is the compass. Contact us for a no-commitment consultation with an M&A specialist, who’ll listen carefully to your concerns and give an honest, unbiased assessment on the best way forward.
Our business is your business growth
more information?

Contact us

We love to hear from you. Our team is always here to chat.

Contact form

Thank you for your interest in IMAP. Please use the form below to tell us more about your current situation and we’ll be sure to have the right professional get back to you as soon as possible.