Integral Acquisition Corporation 1 $115 million IPO
The issuer, a SPAC, offered 11,500,000 units which were listed on Nasdaq
Davis Polk advised the sole book-running manager in connection with the $115 million initial public offering of 11,500,000 units of Integral Acquisition Corporation 1. Each unit consists of one Class A common stock and one-half of one redeemable warrant to purchase one Class A common stock of Integral Acquisition Corporation 1. The units were listed on the Nasdaq Global Market under the symbol “INTEU.”
Integral Acquisition Corporation 1 is a newly organized, special purpose acquisition company (SPAC) formed for the purpose of effecting a business combination with one or more businesses. Integral Acquisition Corporation 1 intends to target a business combination with a technology-oriented company in Australia and/or New Zealand.
The Davis Polk corporate team included partners Derek Dostal and Yan Zhang and associate Soo Kyung Chae. The tax team included partner Michael Farber and associate Ben Levenback. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.