Affirma Capital’s acquisition of Beam Mobility Holdings’s CCPS and CB

Lee & Ko provided legal advice to Affirma Capital on acquisition of Series B CCPS (convertible cumulative preference shares) and Convertible Bonds of Beam Mobility Holdings. Beam Mobility Holdings operates scooter rental businesses in Korea, Singapore, Australia, etc. and Affirma Capital acquired approximately 10% of the total issued shares of Beam Holdings (approximately 21% if exercise conversion) with a subscription price of USD 75,000,000.
 
As the Korean counsel of Affirma Capital, Lee & Ko, in collaboration with Hogal Lovells Singapore, advised Affirma Capital throughout the entire process, from conducting legal due diligence to the foreign exchange reports regarding this transaction.