We advised Target Global Acquisition I, a SPAC, on its IPO and Nasdaq listing

Davis Polk advised Target Global Acquisition I Corp. on its $200 million initial public offering of 20,000,000 units. Each unit had an initial offering price of $10 and consists of one Class A ordinary share and one-third of one redeemable warrant. The units, the shares and the warrants are listed on the Nasdaq Global Market.

Target Global Acquisition I Corp. is a special purpose acquisition company (SPAC) incorporated for the purpose of effecting a business combination with one or more businesses or entities. Target Global Acquisition I Corp. has not yet selected any specific business combination target, and its efforts to identify a prospective business combination opportunity will not be limited to a particular industry or geographic region.

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 associates Veronica Davis and Kelli A. Rivers. Members of the Davis Polk team are based in the London and New York offices.

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