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Sutherland Advises on NeXt Innovation Corp.’s Initial Public Offering Raising $50 Million

May 10, 2011

WASHINGTON (May 10, 2011) – Sutherland Asbill & Brennan LLP represented NeXt Innovation Corp., a business development company, in its initial public offering of 3,335,000 shares of common stock. As a result of the offering, which closed on May 3, NeXt Innovation raised gross proceeds of approximately $50 million.

The Sutherland team representing NeXt Innovation was led by Steven B. Boehm, John J. Mahon, Sylvia N. Harris and Bradford J. Sayler.

Inquiries related to this transaction may be directed to Steven B. Boehm at 202.383.0176 or steven.boehm@sutherland.com, or John J. Mahon at 202.383.0515 or john.mahon@sutherland.com.

SUTHERLAND ASBILL & BRENNAN LLP
Sutherland Asbill & Brennan LLP is a law firm with global reach known for solving challenging business problems and resolving sophisticated legal issues for many of the world’s largest companies. Founded in 1924, the firm handles matters throughout the United States and worldwide. Seven major practice areas—corporate, energy and environmental, financial services, intellectual property, litigation, real estate, and tax—provide the framework for an extensive range of focus areas, allowing Sutherland attorneys to serve a diverse client base that ranges from small and medium-sized start-up businesses to a significant number of Fortune 100 companies.

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Sutherland Asbill & Brennan LLP is an international law firm helping the Fortune 100, industry leaders, sector innovators and business entrepreneurs solve their biggest challenges and reach their business goals. Dedicated to unfaltering excellence in client service, we are known for our business savvy and industry intelligence, providing creative and custom solutions for each of our clients. Industry and business experience makes the difference for our clients.

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