Investment Banking Transactions

	Date	Client	Type	Sub-Type	Amt.	Logo	Sector/Sub-Sector	Description	Tombstone Description	PSC Role
Published	05/04/2023	Acelyrin, Inc.	Financing, Equity Capital Markets	IPO	$621.0 Million	Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Acelyrin, Inc. on its initial public offering	Initial Public Offering	Active Bookrunner
Published	05/03/2023	Reneo Pharmaceuticals	Financing, Equity Capital Markets	CMFO	$68.3 Million	Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Reneo Pharmaceuticals, Inc. on a confidentially marketed follow on offering	Confidentially Marketed Follow-On Offering	Active Bookrunner
Published	05/03/2023	MeiraGTx Holdings plc	Financing, Equity Capital Markets	PIPE	$62.0 Million	Image	Healthcare, Biopharma	Piper Sandler served as placement agent for MeiraGTX Holdings plc on a PIPE offering	PIPE	Joint Placement Agent
Published	05/02/2023	Spectrum Plastics Group, Inc.	Mergers & Acquisitions	Sell-Side	$1.8 Billion	Image Image Image	Healthcare, Med-Tech	Piper Sandler served as sell-side advisor for Spectrum Plastics Group, Inc., a portfolio company of AEA Investors LP, on sale to DuPont de Nemours, Inc.	Spectrum Plastics Group, Inc., a portfolio company of AEA Investors LP, has been acquired by DuPont de Nemours, Inc.	Financial Advisor
Published	05/01/2023	Albion River	Private Capital Advisory, Private Funds	Private Funds	$400.0 Million	Image	Private Capital Advisory	Piper Sandler served as sole placement agent to Albion River on the capital raise for first-time platform company	Capital Raise	Sole Placement Agent
Published	04/28/2023	CBOA Financial, Inc.	Mergers & Acquisitions	Sell-Side	$28.0 Million	Image Image	Financial Services, Depositories	Piper Sandler served as sell-side advisor for CBOA Financial, Inc. on announced sale to Bancorp 34, Inc.	CBOA Financial, Inc. has agreed to be acquired by Bancorp 34, Inc.	Financial Advisor
Published	04/26/2023	Miami International Holdings, Inc.	Mergers & Acquisitions	Buy-Side		Image Image	Financial Services, FinTech, Technology, FinTech	Piper Sandler served as buy-side advisor for Miami International Holdings, Inc. on acquisition of LedgerX	Miami International Holdings, Inc. has acquired LedgerX	Financial Advisor
Published	04/25/2023	Olympus Corporation	Mergers & Acquisitions	Sell-Side		Image Image Image	Healthcare, Med-Tech	Piper Sandler served as sell-side advisor for Olympus Corporation on divestiture of Gyrus Medical Limited to ATL Technology, a portfolio company of Endeavor Capital	Olympus Corporation has divested Gyrus Medical Limited to ATL Technology, a portfolio company of Endeavor Capital	Financial Advisor
Published	04/24/2023	Adare Biome	Mergers & Acquisitions	Sell-Side	€275.0 Million	Image Image	Chemicals, Consumer, Food & Beverage, Healthcare, Biopharma	Piper Sandler has advised Thomas H. Lee Partners, Frazier Healthcare Partners and Adare Pharma Solutions on the sale of Adare Biome, a pioneer in postbiotics, to Royal DSM N.V.	Adare Biome has been acquired by Royal DSM	Financial Advisor
Published	04/21/2023	Convergent Dental, Inc.	Financing, Debt Capital Markets	Senior Term Loan	$40.0 Million	Image	Healthcare, Med-Tech	Piper Sandler served as sole placement agent for Convergent Dental, Inc. on a senior secured term loan	Senior Secured Term Loan	Sole Placement Agent
Published	04/20/2023	Silver Hill Energy Partners	Mergers & Acquisitions	Sell-Side		Image Image	Energy & Power, Upstream	Piper Sandler served as sell-side advisor for Silver Hill Energy Partners III, LLC on the divestiture of select Webb County, Texas unconventional natural gas upstream assets focused on Eagle Ford and Austin Chalk development as well as midstream assets to Mitsui	Silver Hill Energy Partners III, LLC has divested select assets to Mitsui	Financial Advisor
Published	04/19/2023	Gamida Cell Ltd.	Financing, Equity Capital Markets	CMFO	$22.8 Million	Image	Healthcare, Biopharma	Piper Sandler served as sole manager for Gamida Cell Ltd. on its April 2023 confidentially marketed follow-on offering	Confidentially Marketed Follow-On Offering	Left Bookrunner
Published	04/11/2023	Neovasc Inc.	Mergers & Acquisitions	Sell-Side	$147.0 Million	Image Image	Healthcare, Med-Tech	Piper Sandler served as sell-side advisor for Neovasc Inc. on sale to Shockwave Medical, Inc.	Neovasc Inc. has sold to Shockwave Medical, Inc.	Financial Advisor
Published	04/10/2023	Siren Energy	Mergers & Acquisitions	Sell-Side	$78.0 Million	Image Image	Energy & Power, Oilfield Services & Equipment	Piper Sandler served as sell-side advisor for Siren Energy on sale to Liberty Power Innovations, a subsidiary of Liberty Energy Inc.	Siren Energy has sold to Liberty Power Innovations, a subsidiary of Liberty Energy Inc.	Financial Advisor
Published	04/10/2023	Alaska USA Federal Credit Union	Debt Capital Markets - Depositories, Real Estate & Financial Services	Subordinated Debt	$110.0 Million	Image	Financial Services, Depositories	Piper Sandler served as joint placement agent for Alaska USA Federal Credit Union on a subordinated notes offering	Subordinated Notes Offering	Joint Placement Agent
Published	04/06/2023	Robo Global, LLC	Mergers & Acquisitions	Sell-Side		Image Image	Financial Services, Asset & Wealth Management	Piper Sandler served as sell-side advisor for Robo Global on sale to VettaFi	Robo Global has sold to VettaFi	Financial Advisor
Published	04/06/2023	BTST Services	Mergers & Acquisitions	Sell-Side		Image Image	Healthcare, Healthcare Services	Piper Sandler served as sell-side advisor for BTST Services LLC on sale to Webster Equity Partners	BTST Services LLC has sold to Webster Equity Partners	Financial Advisor
Published	04/04/2023	Protagonist Therapeutics, Inc.	Equity Capital Markets	CMFO	$100.0 Million	Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Protagonist Therapeutics, Inc. on a confidentially marketed follow-on offering	Confidentially Marketed Follow-On Offering	Active Bookrunner
Published	04/03/2023	National Bank Holdings Corp.	Mergers & Acquisitions	Buy-Side		Image Image Image Image	Financial Services, Depositories	Piper Sandler served as buy-side advisor for National Bank Holdings Corp. on acquisition of Cambr, a subsidiary of StoneCastle Partners, LLC	National Bank Holdings Corp. has acquired Cambr, a subsidiary of StoneCastle Partners, LLC	Financial Advisor
Published	04/01/2023	Palatine Impact	Private Capital Advisory, Private Funds	Private Funds		Image	Private Capital Advisory	Piper Sandler served as sole placement agent to Palatine Impact on the capital raise for Impact Fund II	Fund II	Sole Placement Agent