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Ropes & Gray Advises Underwriters in Record-Breaking, $4 Billion SPAC IPO for Pershing Square

Practices: Capital Markets

A leader in guiding special purpose acquisition company (SPAC) IPOs, Ropes & Gray’s capital markets team advised the underwriters in Pershing Square Tontine Holdings, Ltd.’s $4 billion SPAC IPO. The offering, at a price of $20 per unit, was announced in a press release. 

Pershing Square Tontine Holdings, Ltd. is a Delaware incorporated newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with a private company. 

The Ropes & Gray team was led by capital markets partners Paul Tropp and Chris Capuzzi (both of New York). 

Read more about our capital markets team here.

Read more about our recent SPAC IPO work here.

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