zSpace’s Merger Agreement with EdtechX Holdings Acquisition Corp. II SPAC

Fenwick represented zSpace, Inc. on the deal.

zSpace, Inc., a leading augmented and virtual reality educational technology platform, announced its definitive merger agreement with EdtechX Holdings Acquisition Corp. II (Nasdaq: EDTXU, EDTX, and EDTWX), an edtech and future of work-focused special purpose acquisition company (SPAC), that will result in zSpace becoming a publicly listed company.

The transaction values the combined company at an enterprise value of $195 million. Upon closing, the combined company is expected to be named zSpace Technologies, Inc. and listed on the Nasdaq Stock Market under the new ticker symbol “ZSPX.” The transaction is expected to close later this year.

The Fenwick transaction team included corporate partners Lara Foster (Picture), David Michaels, Michael Pilo, counsel Kee Kim, and associates, Bree Thompson, Arielle Trapp, Frances Fuqua and Kasey Wang; technology transactions partner Jonathan Millard and associate Lise Berichel; executive compensation and employee benefits partner Marshall Mort and associates Jennifer Lin and Jonathan Stephenson; and tax partner Will Skinner and associate Kristofer Hatch.

Involved fees earner: Lise Berichel – Fenwick & West LLP; Lara Foster – Fenwick & West LLP; Frances Fuqua – Fenwick & West LLP; Kristofer Hatch – Fenwick & West LLP; Kee Bong Kim – Fenwick & West LLP; Jennifer Lin – Fenwick & West LLP; David Michaels – Fenwick & West LLP; Jonathan Millard – Fenwick & West LLP; Marshall Mort – Fenwick & West LLP; Michael Pilo – Fenwick & West LLP; William Skinner – Fenwick & West LLP; Jonathan Stephenson – Fenwick & West LLP; Bree Thompson – Fenwick & West LLP; Arielle Trapp – Fenwick & West LLP;

Law Firms: Fenwick & West LLP;

Clients: zSpace, Inc.;

Martina Bellini

Author: Martina Bellini