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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 firstname.lastname@example.org, or John J. Mahon at 202.383.0515 or email@example.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.