Linklaters is advising the joint sponsors, joint global coordinators and joint bookrunners on the first special purpose acquisition company (SPAC) listing application on the Hong Kong Stock Exchange. This marks Hong Kong’s first application under the new SPAC listing rules which took effect on 1 January 2022.
The Linklaters’ team, led by partner and Head of Hong Kong Corporate Gilbert Li, capital markets partner Lipton Li and counsel Donnelly Chan, provided Hong Kong and US law advice on the transaction.
Partner and Head of Hong Kong Corporate Gilbert Li, commented:
“It was truly exciting to be able to work on this highly anticipated transaction as it marked the first SPAC listing application after the new rules were introduced in Hong Kong. This transaction builds on the firm’s extensive experience working on some of the most complex and innovative deals in the capital markets and corporate/M&A spaces in the region.”