Michael Theodor Damgard

Teddy represents investment banking firms and issuers in a variety of securities offerings, including initial public offerings, follow-on public offerings, shelf offerings, private placements, and 144A financings. He has experience in a broad array of debt and equity offerings, including convertible note transactions, institutional note offerings, “baby bond” financings, and medium term note programs, as well as continuous “at-the-market” equity offerings and follow-on common stock transactions. Teddy also has mergers and acquisition experience representing buyers and sellers in a variety of transaction structures, including mergers, asset purchases, and stock acquisitions.

• Served as designated underwriter’s counsel for a leading publicly held business development company with aggregate offerings of approximately $6.8 billion.
• Served as regular counsel to a placement agent in connection with numerous publicly registered “at the market” offerings, primarily in the closed-end fund sector.
• Served as underwriter’s counsel in a $150 million initial public offering for a business development company.
• Represented investment banking firms in connection with a series of public offerings for business development companies, including “at-the-market” financings and medium term note programs.
• Represented of a public biotechnology company in a merger with a private company.
• Served as designated underwriter’s counsel for a publicly held buyout and mezzanine investment company with aggregate offerings of approximately $6.3 billion.
• Served as underwriter’s counsel for an investment bank specializing in the metals and mining sector for a series of public equity offerings; also acted as counsel to same investment bank in connection with a PIPEs transaction.
• Represented a leading investment bank as placement agent in connection with a 144A offering of equity securities by a medical properties real estate investment trust.
• Represented a leading investment bank as placement agent in connection with a series of 4(11/2) transactions involving the resale of equity securities of a public coal company.
• Represented a hotel real estate investment trust as issuer’s counsel in connection with a secondary public offering of its equity securities.
• Represented a leading investment bank as placement agent in a series of 144A debt offerings relating to multiple complex refinancings of a private toll road operator in Virginia.
• Represented a UK public distribution company in connection with its establishment of a Level II American Depositary Receipt (ADR) program with simultaneous listing on the New York Stock Exchange.
• Advised a UK public distribution company as to reporting obligations of a foreign private issuer under US securities laws.
• Represented a public utility company in connection with $867 million sale to a private equity firm.
• Represented nonprofit community hospitals in Virginia in connection with their acquisition by for-profit public health care entities, typically via asset purchase.
• Represented a multihospital system in connection with the disposition of certain dialysis assets in the Tidewater, VA region.
• Represented a multihospital system in connection with both the acquisition of physician practices and the disposition of practice assets to physician groups.
• Represented a physicians group in connection with their purchase of an ambulatory surgery center in Southwest Virginia.
• Negotiated a series of telecommunications technology contracts for a public telecommunications company.
• Represented local telecommunications company in merger with smaller competitor.

• Best Lawyers in America®: Corporate Law (2024-2026)
• Thomson Reuters Stand-out Lawyer (2025) – independently rated lawyers
• Virginia Super Lawyers “Rising Star” (2007)