KKR Acquisition Holdings I $1.38 billion IPO
Davis Polk advised the representative of the several underwriters in connection with the $1.38 billion initial public offering of 138,000,000 units of KKR Acquisition Holdings I Corp. The units are now trading on the New York Stock Exchange under the symbol “KAHC.U.”
Sponsored by KKR & Co. Inc., a leading global investment firm that offers alternative asset management and capital markets and insurance solutions, KKR Acquisition Holdings I Corp. is a special purpose acquisition company (SPAC) formed for the purpose of effecting a business combination with one or more businesses. The company’s acquisition and value creation strategy is to identify, acquire and build a company in the consumer or retail industries.
The Davis Polk corporate team included partners Derek Dostal and Byron B. Rooney, counsel Jennifer Ying Lan and associate Despoina Arslanidi. Counsel Marcie A. Goldstein provided FINRA advice. Counsel Kiara L. Rankin and associate Dov Sussman provided tax advice. Members of the Davis Polk team are based in the New York and London offices.