Nicholas Yacoubian

Cooley advised DataStax, an artificial intelligence (AI) and data solution provider, on its acquisition by IBM (NYSE: IBM), a provider of global hybrid cloud and AI solutions and consulting expertise.

Cooley advised Snowflake, the artificial intelligence (AI) Data Cloud company, on its private placement of $2.3 billion aggregate principal amount of convertible senior notes, consisting of $1.15 billion principal amount of convertible senior notes due 2027 and $1.15 billion aggregate principal amount of convertible senior notes due 2029, which includes the exercise in full of the initial purchasers’ options to purchase an additional $150 million principal amount of 2027 notes and $150 million principal amount of 2029 notes. 

Cooley advised Andreessen Horowitz, the lead investor, on its $80 million Series B investment in Story Protocol, the developer of an intellectual property (IP) blockchain platform offering ways to create, govern and license IP for the next generation of digital builders and consumers. This funding round brings Story Protocol to a $2.25 billion valuation. Nancy Wojtas led the Cooley team advising the a16z crypto division fund of Andreessen Horowitz, a Silicon Valley-based venture capital firm that invests in bold founders, innovators and entrepreneurs building the future through technology.

Cooley advised Andreessen Horowitz (a16z), a Silicon Valley-based venture capital firm that backs bold entrepreneurs building the future through technology, as the lead investor in Slingshot AI’s approximately $30 million seed financing.

Cooley advised the underwriters in Sagimet Biosciences’ $112.5 million follow-on offering. Goldman Sachs, TD Cowen and Leerink Partners acted as joint book-running managers for the offering. JMP Securities is acting as lead manager for the offering. Sagimet Biosciences’ is a clinical-stage biopharmaceutical company developing novel fatty acid synthase inhibitors designed to target dysfunctional metabolic pathways in diseases resulting from the overproduction of the fatty acid palmitate. Partners John McKenna, Natalie Karam and Denny Won led the Cooley team.