Latham & Watkins Advises Anthemis Digital Acquisitions I Corp in Its US$200 Million IPO
Anthemis Digital Acquisitions I Corp has announced the pricing of its initial public offering of 20,000,000 units at US$10.00 per unit. The units will be listed on the Nasdaq Global Market (the Nasdaq) under the symbol ADALU. Each unit consists of one share of the Company's Class A ordinary shares and one-half of one warrant, each whole warrant entitling the holder thereof to purchase one share of the Company's Class A ordinary shares at an exercise price of US$11.50 per share. Once the securities constituting the units begin separate trading, we expect that the Class A ordinary shares and warrants will be listed on the Nasdaq under the symbols ADAL and ADALW, respectively.
Latham & Watkins LLP represented Anthemis SPAC in the offering with a capital markets team led by New York partner Marc Jaffe and Houston partner Ryan Maierson and New York counsel Ryan deFord, with associates Christian Vazquez and Alexandra Kustra. Advice was also provided on tax matters by New York partner Lisa Watts, with associate Alan Kimball.