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Latham & Watkins Advises Aeva in Proposed US$1.7 Billion Merger with InterPrivate Acquisition Corp.

November 2, 2020
A Latham team is advising the LiDAR company on the SPAC transaction that will make Aeva a publicly traded company.

InterPrivate Acquisition Corp, a special purpose acquisition company, has announced that it has entered into a definitive agreement for a business combination with Aeva, Inc., the first company to provide a perception platform built from the ground up on Silicon Photonics for mass scale application in automotive, consumer electronics and other sectors. Upon closing of the transaction, the combined company will be renamed "Aeva, Inc." and is expected to continue to be listed on the New York Stock Exchange and trade under the ticker symbol "AEVA." 

Latham & Watkins LLP represents Aeva in the transaction with a corporate deal team led by Houston partners Ryan Maierson and Jesse Myers, with Houston associates Ashley Nguyen, Eric Schoppe, Denny Lee, Bo Rose, Sarah Dunn and Joseph Kmetz. Advice was also provide on tax matters by New York partner Lisa Watts, with New York associate Alan Kimball; on benefits and compensation matters by Washington, D.C. partner Adam Kestenbaum, with Washington, D.C. associate Nikhil Kumar; on intellectual property matters by Washington, D.C. partner Jeremiah Wolsk, with Washington, D.C. associate Mohammad Akhavannik; on data privacy and security matters by Bay Area counsel Robert Blamires, with Bay Area associate Samantha Maerz-Boening; on environmental matters by Houston partner Joel Mack, with Los Angeles counsel Joshua Marnitz; and on antitrust matters by Washington, D.C. counsel Peter Todaro.