We advised the SPAC on its IPO and Nasdaq listing

Davis Polk advised Mountain & Co. I Acquisition Corp. on its $230 million initial public offering of 23,000,000 units, including 3,000,000 units sold pursuant to the full exercise of the underwriters’ over-allotment option. Each unit had an initial offering price of $10 and consists of one Class A ordinary share and one-half of one redeemable warrant. The units, the shares and the warrants are listed on the Nasdaq Global Market.

Mountain & Co. I Acquisition Corp. is a special purpose acquisition company (SPAC) incorporated for the purpose of effecting a business combination with one or more businesses or entities. Mountain & Co. I Acquisition has not yet selected any specific business combination target, and intends to focus on the consumer internet and B2B digital infrastructure sectors.

The Davis Polk corporate team included partners Leo Borchardt and Deanna L. Kirkpatrick and associates Serdar Inci and Saratu M. Kitchener. The tax team included counsel Alon Gurfinkel and associate Omer Harel. Members of the Davis Polk team are based in the London and New York offices.

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