M88 app Assisted YINUOWEI in its Series A+ Financing

M88 app, as legal counsel to ShenZhen YINUOWEI Medical-tech Co., Ltd. (“YINUOWEI”), represented YINUOWEI in its series-A+ financing. This round of financing raised funds of RMB 102 million, the leading investor is a well-known investment institution, and the follow-up investors were Mefund Capital, Leaguer, BOHE Angel Fund, TF Capital, Triwise, and Yonghua Capital continuously participated in this series A+ financing.

YM88 appUOWEI was founded M88 app May 2015, devoted to developM88 appg a new generation of a tumour-dissolve virus, to M88 appcrease the life of a tumour-dissolve virus and a better immune response. Founder of YIWEM88 appUO is Dr. Bernard Roizman at the University of Chicago, and is known as the “Father of the herpes virus” and his student Dr. ZHOU，GuoyM88 appg. Dr. Bernard Roizman is the skeleton M88 appventor of Imlygic (T-vec), the only FDA approved tumour-dissolve virus product. Dr. ZHOU，GuoyM88 appg is the M88 appventor of targetM88 appg the herpes tumour-dissolve virus. This series of fM88 appancM88 appg is to be used M88 app the clM88 appical research of the M88 appitial product, and development of new products.

Since 2016, the M88 app team has consistently acted as perennial legal counsel to YINUOWEI providing whole-set legal services for the series A financing, and series A+ financing. In this series financing, M88 app provided legal services including the demonstration on deal structure, reviewing, modifying domestic and offshore deal documents, assisting YINUOWEI and its founders to negotiate with leading investors and others, and preparing the delivery documents.

This was a complex project in many ways: 1) Many parties were involved in this round of financing, with the M88 app team negotiating and communicating with the leading party, follow-up party, former investors and founders of the company simultaneously or separately; 2) The company conducted a restructure before this round of financing, and in this project former investors’ share rights, and priority between former investors, and new investors were to be disposed properly, meanwhile the interests of the company and founders had to be safeguarded to the greatest degree; 3) In order to move with the business development and financial situation, the timetable of the project was tight and the intensity of working high. The M88 app team negotiated effectively with the founders and leading investor on the major and confusing issues, successfully completing and delivering this project to schedule, also the M88 app team’s performance was highly recognized by YINUOWEI and its founders.

The leadM88 appg partner for the Project was Mr.M88 Game 在私募股权投资领域.