Latham & Watkins Represents Hyperion DeFi in US$10 Million Public Offering of Common Stock
Hyperion DeFi, Inc. (Nasdaq: HYPD) (Hyperion DeFi), the first US publicly listed DeFi company building on Hyperliquid, announced that it has closed a public offering of 2,777,778 shares of its common stock. The shares of common stock were sold to the public at a price of US$3.60 per share. All of the shares of common stock sold in the public offering were sold by Hyperion DeFi. The gross proceeds to Hyperion DeFi from the offering, before deducting underwriting discounts and commissions and other offering expenses, were approximately US$10 million. Hyperion DeFi also granted the sole underwriter a 30-day option to purchase up to an additional 416,666 shares of its common stock at the public offering price per share, less underwriting discounts and commissions.
Latham & Watkins LLP represents Hyperion DeFi in the offering with a corporate team led by partners Greg Rodgers, Brittany Ruiz, Jenny Cieplak, and Adam Sullins and counsel Anthony Gostanian, with associates Brice Stewart and Ariana Alemi. Advice was also provided on tax matters by partner Elena Romanova, with associate Jorge Hinzpeter.*
*Admitted to practice in Chile only.