Consonance-HFW Acquisition $80 million IPO
Davis Polk advised the sole book-running manager in connection with the $80 million initial public offering of 8,000,000 units of Consonance-HFW Acquisition Corp. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant to purchase one Class A ordinary share of Consonance-HFW Acquisition Corp. The units were listed on NYSE American under the symbol “CHFW.U.”
Consonance-HFW Acquisition Corp. is a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the company may pursue an initial business combination in any industry, sector, or geographic region, it intends to focus on companies or divisions of companies in the life sciences industry, and in particular the biotechnology sector, in the United States and Europe.
The Davis Polk corporate team included partners Deanna L. Kirkpatrick, Derek Dostal and Roshni Banker Cariello and associates David Li, Joze Vranicar and Tyler Scheiner. The tax team included partner Mario J. Verdolini and associate Eitan Ulmer. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.