Our firm represented a group of shareholders of Next Vision Stabilized Systems Ltd., a publicly traded company listed on the Tel Aviv Stock Exchange, in a sale of shares representing approximately 2.2% of the company’s issued and outstanding share capital, for an aggregate purchase price of approximately NIS 575 million. The shares were acquired by institutional investors in Israel and abroad through a book-building process as part of a secondary block trade transaction.
Jefferies acted as sole global coordinator and joint bookrunner in the transaction. UBS and Needham acted as joint bookrunners and Leader Investment House acted as sole local manager in the transaction.
Next Vision (TASE: NXSN) is a technology company that develops, manufactures, and markets stabilized day-and-night imaging solutions for ground and aerial platforms such as micro and mini UAVs and drones.
