The issuer, a SPAC, offered 20,000,000 units which were listed on Nasdaq

Davis Polk advised the underwriter in connection with the initial public offering of 20,000,000 units of Swiftmerge Acquisition Corp., for gross proceeds of $200 million. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant to purchase one Class A ordinary share of Swiftmerge Acquisition Corp. The units were listed on the Nasdaq Global Market under the symbol “IVCPU.”

Swiftmerge Acquisition Corp. is a newly incorporated special purpose acquisition company (SPAC) whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Although Swiftmerge Acquisition Corp. is not limited to a particular industry for purposes of consummating a business combination, it currently intends to pursue opportunities targeting disruptive consumer companies utilizing technology and the internet to evolve the way that consumers interact with the market.

The Davis Polk corporate team included partners Pedro J. Bermeo and Derek Dostal and associates Moses Farzan Nekou and Carlos Escandón. The tax team included partner Michael Farber and associate Tyler Scheiner. 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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