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Latham & Watkins Advises FIGS in Minority Investment in OOG, Inc.
November 8, 2024
A New York-based corporate deal team led by members of the firm’s M&A and Public Company & Board Representation Practices represented the founder-led, direct-to-consumer healthcare apparel and lifestyle brand in the transaction.
FIGS, Inc. (NYSE: FIGS), the global leading healthcare apparel brand dedicated to improving the lives of healthcare professionals, announced that it signed and closed a US$25 million minority investment in OOG, Inc. (OOG). Expected to launch within the next six months, OOG offers an AI-powered, multi-disciplinary education platform for healthcare professionals.
Latham & Watkins LLP represented FIGS in the transaction with a corporate deal team led by New York M&A partner Ian Nussbaum and New York partner Jenna Cooper, Global Vice Chair of the firm’s Public Company & Board Representation Practice, with associate Evan Kirsch.