Cravath’s London Office Moves to 100 Cheapside
October 20, 2021
On October 19, 2021, Cravath partner Nicholas A. Dorsey participated in “From Start Up to IPO,” a conference held by the International Bar Association from October 17 to October 19, 2021 in Paris. Nick spoke at a session entitled “IPOs, SPACs and Other Exit Trends in Exits In the Technology Sector,” which discussed recent developments in IPOs, exits in general and SPACs, what SPACs have to offer to shareholders and target companies, and the various available tracks shareholders and companies should choose when exiting.
Deals & Cases
October 01, 2021
Cravath represented the underwriters in connection with the $858.3 million registered initial public offering of class A ordinary shares of On Holding AG, a premium performance sports brand rooted in technology, design and impact. The shares were listed on the New York Stock Exchange. The transaction closed on September 17, 2021.
Deals & Cases
August 27, 2021
Cravath represented the underwriter in connection with the $200 million initial public offering of units of World Quantum Acquisition Corp., which is a special purpose acquisition company targeting the financial services and financial technology sectors in the U.S. and EMEA, as well as technology firms supporting these sectors. The units were listed on the New York Stock Exchange. The transaction closed on August 13, 2021.
Deals & Cases
August 26, 2021
Cravath represented the underwriters in connection with the $150 million initial public offering of units of AMCI Acquisition Corp. II, a blank check company for the purpose of effecting a merge, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. AMCI Acquisition Corp. II is sponsored by an affiliate of AMCI Group, a privately held group that invests in and operates industrial businesses focused on natural resources, transportation, infrastructure, metals and energy. The shares will be listed on the Nasdaq Capital Market. The transaction closed on August 6, 2021.
Deals & Cases
July 30, 2021
On July 28, 2021, Swvl Inc. (“Swvl”), a Dubai‑based provider of transformative mass transit and shared mobility solutions, and Queen’s Gambit Growth Capital, the first special purpose acquisition company entirely led by women, announced that they have entered into a definitive agreement for a business combination that would result in Swvl becoming a publicly listed company. Upon completion of the proposed transaction, the combined public company will be named Swvl Holdings Corp and is expected to be the first $1 billion plus “unicorn” from the Middle East to list on NASDAQ, under the ticker symbol “SWVL”. Cravath is representing Swvl in connection with the transaction.
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