Pillsbury advised Blue Laser Fusion, Inc., a developer of advanced laser technology for directed-energy defense and fusion-energy applications, in connection with its merger transaction with Unite Acquisition 2 Corp., through which Blue Laser Fusion became a public reporting company, and a concurrent private placement that generated approximately $25 million in gross proceeds.

In the private placement, Blue Laser Fusion sold 910,265 shares of common stock at $27.50 per share. The company expects to use the net proceeds to advance its pulsed-laser technology and the conceptual design of its fusion reactor and pilot power plant, pursue a potential quotation or market listing, and support working capital and other general corporate purposes.

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The Pillsbury deal team was led by Corporate partner Allison Leopold Tilley and Capital Markets Global Practice Leader and Corporate and Securities partner Davina K. Kaile. The team also included Corporate counsel Tara Shankar, special counsel Justin Bintrim and associate Bethany Weitzman, and Executive Compensation & Benefits partner Laura McDaniels.