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Greenberg Traurig advised OTB Ventures on one of the first venture capital transactions involving an entity from the US

WARSAW – March 29, 2018 – The Warsaw office of international law firm Greenberg Traurig, LLP advised OTB Ventures, one of the first specialized venture capital funds in Poland, on a pioneer seed funding transaction on the Polish market relating to Cosmose Inc., an American company specializing in new technologies.

Greenberg Traurig provided multidisciplinary legal advice with respect to the transaction, including development of the transaction structure and negotiations of all transaction documents.

The international Greenberg Traurig Team was led by Jarosław Grzesiak, Managing Partner of the Greenberg Traurig Warsaw office, supported by Partner Aleksander Janiszewski and Partner Rafał Sieński. Shareholder Trevor Chaplick and Associate Christopher T. Turek from Washington, D.C. and Shareholder Dawn Zhang and Associate John Gao from Shanghai supported the Warsaw team with their many years of experience in this area.

In a seed funding transaction, an investor receives a share in the company's capital in return for its financial contribution. This transaction is usually carried out at an early stage of a company’s development in order to provide funds necessary for subsequent investments and development.

Cosmose Inc. offers an innovative solution allowing for the provision of high quality marketing services to clients based on the Company’s unique OMNIcookie technology. OMNIcookie enables retailers to identify the behavior of customers physically located in a store or its vicinity based on a network of Wi-Fi transmitters as well as geolocation data (GPS), it then offers customized advertising campaigns. Cosmose Inc. provides its services to large multinational corporations.

Greenberg Traurig LLP

Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 2000 attorneys serving clients from 38 offices in the United States, Latin America, Europe, Asia, and the Middle East.

Greenberg Traurig Grzesiak sp.k. was named the 2017 Law Firm of the Year in Poland and the 2016 Law Firm of the Year in Poland - Client Service Award by Chambers and Partners. The Warsaw office of Greenberg Traurig, LLP provides legal services to clients in Central Europe and beyond and consists of 100 lawyers. Team members are regularly recognized as leaders in numerous practice areas. Chambers Global, Chambers Europe, IFLR1000, and EMEA Legal 500 consistently rank them among the top tiers the areas of Corporate/M&A, Capital Markets, Real Estate, Private Equity, Tax, Banking and Finance, Project Finance, Energy, Dispute Resolution, and TMT.

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