JWS advises CurveBeam AI Limited (ASX:CVB) on its IPO and ASX listing

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Independent law firm Johnson Winter Slattery has acted as Australian legal advisor to CurveBeam AI Limited (ASX:CVB) on its initial public offering and listing on the Australian Securities Exchange (ASX) pursuant to which CurveBeam AI raised A$25 million at an offer price of A$0.48 per share, giving CurveBeam AI an indicative market capitalisation of A$153.7 million.

CurveBeam AI is a fully integrated developer and manufacturer of specialised medical imaging equipment and clinical assessment software which incorporates AI and deep learning AI to assist medical practitioners with the clinical assessment and management of orthopaedic and bone health conditions. CurveBeam AI will be using the funds raised to support ongoing investment into R&D, the expansion of sales and marketing, new product development and clinical trials.

Prior to the IPO, JWS assisted the company with its merger with CurveBeam, LLC in 2022 and its 2021 and 2022 pre-IPO capital raisings (raising a total of A$44 million).

The JWS team was co-lead by Partners, Clare Brown and Jonathan Cheyne, with critical roles held by Special Counsels, Kate Naude and Scott Cummins.

Jonathan Cheyne commented,We are delighted to have assisted CurveBeam AI reach this crucial milestone in their business. CurveBeam AI has been a long-standing client of the firm and its IPO is the culmination of many years of hard work. The successful completion of the IPO in the current market is a testament to the nature and potential of company’s technology and it has been a pleasure to work with CurveBeam AI and position it for the next exciting phase of its growth.”

About Johnson Winter Slattery

Johnson Winter Slattery is a leading independent Australian law firm with over 85 partners and 6 offices across Australia. We advise major corporates, funds and governments on their most challenging transactions and disputes.

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