Davis Polk advised the sole underwriter in connection with the $550 million initial public offering of 55,000,000 units of Far Peak Acquisition Corporation. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant to purchase one Class A ordinary share of Far Peak Acquisition Corporation. The units were listed on the New York Stock Exchange under the symbol “FPACU.”

Far Peak Acquisition Corporation is a special purpose acquisition company (SPAC) formed for the purpose of entering into a combination with one or more businesses. It will not be limited to a particular industry or geographic region in its identification and acquisition of a target company, however, it intends to focus its search in the fintech, technology and financial services sectors.

The Davis Polk corporate team included partners Derek Dostal and Deanna L. Kirkpatrick, counsel Jennifer Ying Lan and associates Gil Savir and Joseph M. Gerstel. Counsel Marcie A. Goldstein provided FINRA advice. Counsel Ethan R. Goldman and associate Daniel L. Jose provided tax advice. All members of the Davis Polk team are based in the New York office.

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