Ionic Digital Reaches Governance Settlement with Key Stockholders
Deal News | Jun 30, 2025 | White & Case
Global law firm White & Case LLP has successfully advised Ionic Digital Inc. and its Board of Directors in reaching a comprehensive corporate governance settlement. This agreement was made with specific Ionic stockholders, notably Figure Markets Holdings Inc. and GXD Labs LLC, prior to Ionic's planned 2025 annual stockholder meeting. The advising team from White & Case was led by Financial Restructuring and Insolvency partner Gregory Pesce from Chicago, and M&A partners Richard Brand in New York, Matthew Barnett in Los Angeles, and Kiran Kadekar also in New York. Furthermore, support was provided by Capital Markets partners A.J. Ericksen in Houston and Daniel Nussen in Los Angeles, alongside M&A associates Nicholas Luciano and Hiroyuki Koda in New York.
Sectors
- Corporate Governance
- Legal Services
Geography
- United States – The law firm White & Case LLP is based in the US, with a team involving partners and associates from Chicago, New York, Los Angeles, and Houston working on the case.
Industry
- Corporate Governance – The article discusses a corporate governance settlement, highlighting the negotiation and legal advisement pertaining to a company's governance structure.
- Legal Services – White & Case LLP, a global law firm, played a significant role in advising and negotiating the settlement, implying the involvement of the legal industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ionic Digital Inc. | Client | Company | The company advised on the corporate governance settlement. |
| White & Case LLP | Legal Advisor | Company | The global law firm that advised Ionic Digital Inc. on the settlement. |
| Figure Markets Holdings Inc. | Stockholder | Company | One of the Ionic stockholders involved in the settlement. |
| GXD Labs LLC | Stockholder | Company | Another stockholder involved in Ionic's corporate governance settlement. |
| Gregory Pesce | Financial Restructuring and Insolvency Partner | Person | A partner at White & Case LLP leading the advisory team. |
| Richard Brand | M&A Partner | Person | A partner at White & Case LLP involved in advising Ionic Digital. |
| Matthew Barnett | M&A Partner | Person | A partner at White & Case LLP involved in advising Ionic Digital. |
| Kiran Kadekar | M&A Partner | Person | A partner at White & Case LLP involved in advising Ionic Digital. |
| A.J. Ericksen | Capital Markets Partner | Person | A partner at White & Case LLP involved in advising Ionic Digital. |
| Daniel Nussen | Capital Markets Partner | Person | A partner at White & Case LLP involved in advising Ionic Digital. |
| Nicholas Luciano | M&A Associate | Person | An associate at White & Case LLP involved in advising Ionic Digital. |
| Hiroyuki Koda | M&A Associate | Person | An associate at White & Case LLP involved in advising Ionic Digital. |