Apr 2023
Conyers acted for The Flexi Group Holdings Ltd. (“The Flexi Group”), the largest flexible workspace operators in Asia, on its merger with TG Venture Acquisition Corp. (Nasdaq: TGVC and TGVCW) (“TGVC”), a special purpose acquisition company sponsored by Tsangs Group.
Pursuant to the terms of the business combination agreement entered into in early December 2022, The Flexi Group will as a result of the transaction become a publicly traded company upon closing.
Formed as a result of a merger of three existing businesses, The Flexi Group has a combined 25 years of experience designing, building and operating flexible workspaces in Asia and Australia. They are one of the region’s largest flexible workspace operators with 45 locations in 12 cities and 9 countries including Australia, Singapore, Malaysia, Hong Kong, Thailand, Philippines, Taiwan, Vietnam and Japan.
Conyers lawyers worked alongside DLA Piper LLP, as US counsel to The Flexi Group.