Davis Polk Advises LIV Capital Acquisition Corp. on Its Initial Public Offering
Davis Polk advised LIV Capital Acquisition Corp. on its $70 million initial public offering of 7,000,000 units. Each unit had an initial offering price of $10 and consists of one Class A ordinary share and one redeemable warrant. The units, the shares and the warrants are listed on the Nasdaq Capital Market.
LIV Capital Acquisition Corp. is a newly incorporated blank check company incorporated as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. LIV Capital Acquisition Corp. intends to focus its search on Mexican target businesses (or non-Mexican target businesses with a significant presence in Mexico).
The Davis Polk corporate team included partners Derek Dostal and Deanna L. Kirkpatrick and associate David D. Kim. The tax team included partner William A. Curran and associate Rebecca A. Rosen. All members of the Davis Polk team are based in the New York office.