San Diego, CA (February 14, 2011) - Paul, Hastings, Janofsky & Walker, a leading global law firm, announced today that the firm has advised Gevo, Inc., a U.S.-based developer and manufacturer of renewable chemicals and biofuels, on the companys $107 million initial public offering (IPO) of 7,150,000 shares of common stock priced at $15.00 per share. Trading on the NASDAQ started February 9, 2011.
The offering, which was backed by venture capital fund Khosla Ventures and the Richard Branson-backed private equity firm Virgin Green Fund, priced at the top of the range. Proceeds will be used to acquire ethanol plants and convert them to produce isobutanol, a biomass fuel.
Corporate partners Teri O'Brien
and Deyan Spiridonov
led the Paul Hastings team, which included partners Michael Zuppone
, Alexander Lee
, and Stephen Harris
, and associates Melissa Garcia
, Elizabeth Razzano
, and Laura McGurty
Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.