Latham & Watkins Advises Intuitive Machines in Business Combination With Inflection Point Acquisition Corp.
Intuitive Machines, LLC, a leading space exploration, infrastructure, and services company founded in 2013, and Inflection Point Acquisition Corp. (Nasdaq: IPAX, IPAXU, IPAXW), a special purpose acquisition company, announced that they have signed a definitive business combination agreement that will result in Intuitive Machines becoming publicly listed. The combined company is expected to remain listed on Nasdaq.
Latham & Watkins LLP represents Intuitive Machines in the transaction with a corporate deal team led by Washington, D.C. partner Rachel Sheridan and Houston partner Nick Dhesi, with Houston associates John Slater, Bryan Ryan, Monika Kluziak, Ziyad Barghouthy, Morgen Seim, and Shreya Patel and Washington, D.C. associate Thalia Garcia. Advice was also provided on tax matters by Houston partners Tim Fenn and Jared Grimley, with associates Christine Mainguy and Chelsea Muñoz-Patchen; on employee benefits and compensation matters by Los Angeles partner Michelle Carpenter, with associate Morgan Wesner; on antitrust matters by Washington, D. C partner Jason Cruise, Frankfurt partner Max Hauser and counsel Joseph Simei; and on intellectual property and data privacy matters by Bay Area partner Michelle Gross, with Boston associate Kiara Vaughn and Bay Area associate Caroline Omotayo.