Crixus BH3’s US$230 Million IPO

Sidley Austin advised Guggenheim Securities, LLC and BTIG, LLC as underwriters on the deal.

Guggenheim Securities, LLC and BTIG, LLC acted as underwriters in the US$230 million IPO of Crixus BH3 Acquisition Company, a Nasdaq-listed SPAC sponsored by founding partners of BH3 Management, a vertically integrated real estate investor, operator, and developer that is focused on acquisition target opportunities in the real estate, construction, and infrastructure sectors. The IPO and full exercise of the underwriters’ over-allotment option closed on October 7, 2021.

The Sidley team was led by Michael Heinz (Picture), Vivian Root, Lillian Bond, and Alistair Gunn (Capital Markets) working together with relationship partner, John Butler, Bart Sheehan (Capital Markets), Ben Nager (FINRA), Christian Brause (Tax), and Eric Grosshandler (Tax).

Involved fees earner: Lillian Bond – Sidley Austin LLP; Christian Brause – Sidley Austin LLP; John Butler – Sidley Austin LLP; Eric Grosshandler – Sidley Austin LLP; Alistair Gunn – Sidley Austin LLP; Michael Heinz – Sidley Austin LLP; Benjamin Nager – Sidley Austin LLP; Vivian Root – Sidley Austin LLP; Bartholomew Sheehan – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: BTIG, LLC; Guggenheim Securities;

Martina Bellini

Author: Martina Bellini