RA Special Acquisition $230 million IPO
The SPAC IPO shares are listed on Euronext Amsterdam
Davis Polk advised the sole global coordinator in connection with the private placement of 23,000,000 units of RA Special Acquisition Corporation. Each unit consists of one ordinary share and one-third of a warrant to purchase one ordinary share of RA Special Acquisition Corporation. The units, ordinary shares and warrants are listed on Euronext Amsterdam under the symbols “RSACU,” “RSAC” and “RSACW,” respectively.
RA Special Acquisition Corporation was formed by an affiliate of Ripplewood Holdings. It is a special purpose acquisition company (SPAC) incorporated under the laws of the Cayman Islands for the purpose of completing a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with a business that operates in the financial services sector with principal business operations in or around Europe (though its efforts will not be limited to that particular industry or geography).
The Davis Polk corporate team included partner Reuven B. Young and associates Maxim Van de moortel and Francesco Mancuso. The U.S. tax team included counsel Alon Gurfinkel and associate Omer Harel. All members of the Davis Polk team are based in the London office.