We advised Rokt on the secondary transaction

Davis Polk advised Rokt Inc. in connection with its $404.2 million secondary transaction, led by an investor group that included Tiger Global Management, Square Peg, Barrenjoey and SecondQuarter. The transaction provided over $100 million in liquidity to Rokt’s employees and early investors.

Rokt is a leading e-commerce company that powers billions of global transactions annually for many of the world’s leading companies through personalized advertisements and engagement offers. The company operates in 10 global locations and serves clients throughout North America, Europe and Asia-Pacific.

The Davis Polk corporate team included partner Nicole Brookshire and associates Claudia Carvajal Lopez and Frank (Xinggang) Zhang. The tax team included partner Patrick E. Sigmon, counsel Yixuan Long and associates Bradford Sherman and Georgianna Eck. Partner Veronica M. Wissel provided executive compensation advice. Partner David L. Portilla provided bank regulatory advice. Members of the Davis Polk team are based in the New York, Washington DC, London, Hong Kong and Beijing offices.

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