Winston & Strawn represented Investcorp India Acquisition Corp in the IPO, while Davis Polk advised the underwriter.
Investcorp India Acquisition Corp (NASDAQ: IVCAU), a newly incorporated blank check company, has announced the pricing of its initial public offering of 22,500,000 units at a price of $10.00 per unit. The units are listed on the Nasdaq Global Market (“NASDAQ”) and traded under the ticker symbol “IVCAU”.
Credit Suisse Securities (USA) LLC is the sole book-running manager for the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 3,375,000 units at the initial public offering price to cover over-allotments, if any.
Investcorp India Acquisition Corp is a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The company intends to focus its search for a target located in India in industries that it believes have high potential for growth and generating strong returns for its shareholders.
The Winston & Strawn team included Michael J. Blankenship (Picture), Sheryl A. Falk, J. Eric Johnson, David A. Sakowitz, Carly E. Ginley, John P. Niedzwiecki, Luisa F. Patoni, Alexandra Santana, Emily K. Semon, and Ben D. Smolij.
The Davis Polk corporate team included partners Leo Borchardt and Derek Dostal and associates Maxim Van der moortel and Serdar Inci. The tax team included counsel Alon Gurfinkel. Counsel Marcie A. Goldstein provided FINRA advice.
Involved fees earner: Leo Borchardt – Davis Polk & Wardwell; Derek Dostal – Davis Polk & Wardwell; Marcie Goldstein – Davis Polk & Wardwell; Alon Gurfinkel – Davis Polk & Wardwell; Serdar Inci – Davis Polk & Wardwell; Maxim Van de moortel – Davis Polk & Wardwell; Michael Blankenship – Winston & Strawn; Sheryl Falk – Winston & Strawn; Carly Ginley – Winston & Strawn; J. Eric Johnson – Winston & Strawn; John Niedzwiecki – Winston & Strawn; Luisa Patoni – Winston & Strawn; David Sakowitz – Winston & Strawn; Alexandra Santana – Winston & Strawn; Emily Semon – Winston & Strawn; Ben Smolij – Winston & Strawn;