Han Kun represented China LianDi in its reverse merger and private placement
2010-03-03
China LianDi Completed Reverse Merger with Remediation Services, Inc. and $27.55 million Private Placement.
Han Kun represented China LianDi Clean Technology Engineering Ltd. (OTCBB: RMSI, "China LianDi"), a leading provider of clean technology and solutions for China's leading petroleum and petrochemical companies, in its reverse merger with Remediation Services, Inc. and the concurrent private placement for 787,342 investment units with a total amount of $27.55 million. China LianDi has 3 HK subsidiaries and a WFOE located in Beijing as its main operating entities.
Han Kun primarily assisted in the due diligence process, preparation of disclosure schedule and PRC legal opinion and reviewing of all the transaction documents from a PRC law perspective. This deal closed on February 26, 2010.