Corazon Capital V838 Monoceros $200 million IPO
Davis Polk advised the sole book-running manager in connection with the initial public offering of 20,000,000 units of Corazon Capital V838 Monoceros Corp, for aggregate proceeds of $200 million. Each unit consists of one Class A ordinary share and one-third of one warrant to purchase one Class A ordinary share of Corazon Capital V838 Monoceros Corp. The Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “CRZN” and “CRZNW,” respectively.
Corazon Capital V838 Monoceros Corp is a special purpose acquisition company (SPAC) looking for acquisition opportunities in businesses with consumer-facing technology, subscription of recurring revenue models, marketplaces and networks, or that operate in the education, social media, dating and ecommerce sectors.
The Davis Polk corporate team included partners Derek Dostal and Yan Zhang. The tax team included partner Mario J. Verdolini and associate Tomislava Dragicevic. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.