We advised the underwriter on the SPAC IPO and NYSE listing

Davis Polk advised the underwriter, in connection with the initial public offering of 27,600,000 units of Rotor Acquisition Corp. for aggregate proceeds of $276 million. Each unit consists of one share of Class A common stock and one-half of one warrant to purchase one share of Class A common stock of Rotor Acquisition Corp. The units were listed on the New York Stock Exchange under the symbol “ROT.U.”

Rotor Acquisition Corp. is a newly incorporated special purpose acquisition company (SPAC) that intends to focus on target businesses where their management team’s insights, unique expertise and networks can provide advantaged solutions to create value.

The Davis Polk corporate team included partners Derek Dostal and Deanna L. Kirkpatrick and associates Jakub P. Jozwiak and Sangsoo (Eddie) Lee. Partner Mario J. Verdolini and associate Ben Levenback provided tax advice. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.

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