We advised Black Spade, a SPAC, on its IPO and NYSE listing

Davis Polk advised Black Spade Acquisition Co. on its $150 million initial public offering of 15,000,000 units. Each unit had an initial offering price of $10 and consists of one Class A ordinary share and one-half of one redeemable warrant. The units, the shares and the warrants are listed on the New York Stock Exchange. 

Black Spade Acquisition Co. is a newly incorporated special purpose acquisition company (SPAC) formed for the purpose of effecting an initial business combination and intends to identify a business combination target that is related to or in the entertainment industry, with a focus on enabling technology, lifestyle brands, products or services and entertainment media in Asia.

The Davis Polk corporate team included partner James C. Lin and registered foreign lawyers Jennifer (Yujia) Jiang, Samuel Kang and Yulan Ouyang. The tax team included counsel Alon Gurfinkel and associate Omer Harel. Members of the Davis Polk team are based in the Hong Kong and London offices.

Copy link to share post