Baker & McKenzie has advised Sundance Energy Australia Limited, an ASX-listed Australian corporation with oil & gas operations in the United States, on the listing of its shares, as represented by American Depositary Receipts, on Nasdaq.
Sydney-based US Corporate Partner Andrew Reilly led the transaction with support from associates Heath Trisdale in Houston and Anna Kramer in Sydney.
Speaking about the transaction, Mr Reilly commented, "We are pleased to have represented Sundance Energy on this important transaction and note that it is the third Nasdaq listing for an Australian client that we have advised on over the past 12 months. We have acted as US and Australian counsel to more Australian companies on Nasdaq listings than any other law firm."
"This is one of a number of transactions into the United States that we have advised on where Australian companies have sought higher valuations and access to larger pools of capital."