Cooley LLP

A Cooley team – led by Denny Won, Charlie Kim and Divakar Gupta – advised Jefferies, TD Cowen, Evercore ISI, UBS Investment Bank and Wedbush & Co., LLC as the placement agents to Avere Therapeutics, a privately held biotechnology company advancing oral therapies for IL-23 driven inflammatory diseases, in connection with a $500 million private placement from a syndicate of leading healthcare investors. Congratulations, all. ➡️ Read more: https://bit.ly/3SnU2NE

As another #CooleySummer comes to a close, we are celebrating the experiences, accomplishments and relationships our summer associates made along the way. Thank you to this year’s group for bringing your energy, curiosity and perspective to Cooley this summer. We can’t wait to see the impact you’ll continue to make.

A Cooley team advised DFJ Growth, a venture capital firm that partners with extraordinary entrepreneurs who are changing the world, on their lead investment in Cambridge Aerospace's Series C round that raised $300 million of investment at a $3.4 billion valuation. Congratulations to DFJ Growth, Cambridge Aerospace and to the Cooley team led by Dr Ella Donegan, Ellen Dewhurst and Sonja Jounus, with support from Chris Coulter, Caroline Hobson, Paula Holland, Marzia D., Anna Caro, Juan Nascimbene and Kafeel Azher. 👉 Read more: https://bit.ly/4g6v25q

From helping high-growth companies navigate pivotal moments to leading firmwide initiatives, Cooley partners Adam Dinow and Sacha Ross are making an impact. Congratulations to Adam and Sacha on being named to Crain's New York Business’ 2026 Notable Leaders in Accounting, Consulting and Law list. Read more: https://bit.ly/4wu3Qn7

A Cooley team advised BlackSea Technologies, a Razor’s Edge portfolio company and one of the largest providers of unmanned surface and subsea vessels in the US defense market, on its agreement to be acquired by AEVEX, a leading US defense technology company specializing in autonomous systems, AI enabled mission software, and advanced ISR and electronic warfare solutions. Under the terms of the agreement, AEVEX will acquire BlackSea for $650 million, consisting of approximately $250 million in cash and approximately $350 million in shares of Class A common stock of AEVEX priced at $27.50/share. The transaction also includes $50 million in performance based earnout consideration. Congratulations to BlackSea Technologies and to the Cooley team led by Andrew Lustig, Aaron Binstock, Kaycie Benesch-Rupp, Nick Kenyon, Sydney Sachs, Elise Robinson and Camille Awono, with support from Kimberly Nguyen, Bomin Kim, Helenanne Connolly, Virat Gupta, Nyron Persaud, Paula Fleckenstein, Breanna Qin, Christopher Kimball, Kevin King, Emily A. Mok, Dave Fletcher, Erin Estevez, Michelle Garcia Schulman, Eileen Marshall, Amanda Pacheco, Megan Browdie, Julia Brinton, Jennifer Ok, Darren DeStefano, Robert Jacques, Loraine Torres, Brandon Lefebvre, Addison Pierce and Yoni Horn. 👉 Read more: https://bit.ly/4zhpMVo

A concentrated venture market drove a record quarter. Venture capital investment reached an all-time high in Q2 2026, bolstered by a mega technology financing. Cooley advised on 166 reported venture financings, totaling $85.7 billion in invested capital, the highest quarterly amount recorded since 2014. Up rounds continued to dominate, representing 83.6% of all deals. 👉 Explore the full Q2 2026 Venture Financing Report for more on valuations, deal terms and sector trends: https://bit.ly/4pZi4el

A Cooley team advised Sobi - Swedish Orphan Biovitrum AB (publ) (Sobi®) on its strategic partnership with Innate Pharma SA (Euronext Paris: IPH; Nasdaq: IPHA) (Innate) to enable initiation of the TELLOMAK-3 confirmatory phase 3 study in cutaneous T cell lymphoma (CTCL), a key step toward filing for accelerated approval of lacutamab in Sézary syndrome, a subtype of CTCL. Congratulations to Sobi and to the Cooley team led by Frances Stocks Allen and Michael Fernando. ➡️ Read more: https://bit.ly/3S0XMoe

Cooley advised Procore Technologies (NYSE: PCOR), the leading global provider of construction management software, on its private placement of $950 million aggregate principal amount of convertible senior notes, which includes the exercise in full of the initial purchasers’ options to purchase an additional $125 million principal amount of notes. Congratulations to Procore and to the Cooley team led by Logan Tiari, Mischi aMarca, Jason Savich, Jon Avina, Shimeng Cheng, Mollie Yeh, Matthew Scarano, Matt Kong, Victoria Comesañas, Yoni Horn, Timothy Shapiro and Eileen Marshall. 👉 Read more: https://bit.ly/4gqg1N5

Cooley advised NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, on its negotiated transaction regarding the Company’s $124 million of Series D preferred stock security held by investment funds managed by Morgan Stanley Tactical Value. Congratulations to NN and to the Cooley team led by Christina Roupas, Courtney Tygesson, Samuel Paullin, Emma Frerichs and Victoria Peluso. ➡️ Read more: https://bit.ly/3UqEadO

The US Court of Appeals for the Ninth Circuit vacated a preliminary injunction that had barred Perplexity’s AI agent from accessing Amazon’s website on customers’ behalf, holding that Amazon was unlikely to succeed on its US Computer Fraud and Abuse Act and California Comprehensive Computer Data Access and Fraud Act claims against Perplexity. 💡 Read more from Cooley’s Max Bernstein, Will Pao and Madeleine Ahlers here: https://bit.ly/4hnlGEG