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DIRTT Announces Closing of Rights Offering

Vinson & Elkins served as issuer’s counsel in connection with DIRTT Environmental Solutions Ltd.’s offering to its common shareholders for aggregate gross proceeds of C$30,000,000 (the “Rights Offering”).

The Rights Offering launched on December 11, 2023 and closed on January 9, 2024. The offering raised aggregate gross proceeds of C$30,000,000 (approximately USD $22,000,000).

The Vinson & Elkins team was led by partner Robert Kimball, counsel Lucy Liu and associates Jack Peterson and Sean Dao. Other key team members include partner Wendy Salinas and associate Lauren Nieman; and partner Ramey Layne and paralegal Mary Kate Moran.

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For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 11 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

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