Davis Polk advised Trepont Acquisition Corp I on its $232 million initial public offering of 23,000,000 units. Each unit had an initial offering price of $10 and consists of one Class A ordinary share and one-half of one redeemable warrant. The units, the shares and the warrants are listed on the New York Stock Exchange. 

Trepont Acquisition Corp I was founded by Arun Sarin, former CEO of Vodafone Group plc, and Ori Sasson, founder of Scopus Technology and former CEO of Genesys Telecommunications Laboratories. The company is a special purpose acquisition company (SPAC) formed for the purpose of effecting an initial business combination, and intends to focus its search on companies that operate in enterprise & disruptive software, communications, artificial intelligence, machine learning, data analytics 5G, IoT, services and related sectors.

The Davis Polk capital markets team included partners Derek Dostal and Deanna L. Kirkpatrick and associates Sana Bargach, Jolie Yang and Shay Moyal. The corporate team included partner Lee Hochbaum and associate Sarah M. Weissman. Counsel Gregory D. Hughes provided executive compensation advice. The tax team included counsel Kiara L. Rankin and associate Joseph M. Gerstel. Members of the Davis Polk team are based in the New York and Northern California offices.

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