LX20 advised on the transformation of an Italian limited liability company (S.r.l.) into a joint-stock company (S.p.A.) with shares natively issued on DLT.
The transaction required a review of corporate governance, adaptation of corporate documentation, and the definition of digital issuance, representation and circulation arrangements for the shares.
Information on this matter is disclosed in anonymized form, in accordance with professional secrecy under art. 28 of the Italian Code of Conduct for Lawyers.