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Latham & Watkins Advises RealWear in Business Combination With Cascadia Acquisition Corp.

February 6, 2023
A multidisciplinary deal team led from Houston represents the industrial wearable technology solution company in de-SPAC transaction to become a publicly traded company.

RealWear, Inc. (RealWear or the Company), a leading industrial wearable technology solution company, and Cascadia Acquisition Corp. (NASDAQ: CCAI), a publicly-traded special purpose acquisition company, have announced that they have entered into a definitive business combination agreement that is expected to result in RealWear becoming a publicly traded company. Upon closing of the proposed transaction, the combined company will be named RealWear, Inc. and is expected to trade on the Nasdaq.

Latham & Watkins LLP represents RealWear in the transaction with a corporate deal team led by Houston partners Nick Dhesi and Ryan Maierson, with Houston associates Bryan Ryan, Ziyad Barghouthy, Haley Sandoval, and Rebekah Bingham. Advice was also provided on tax matters by Houston partners Bryant Lee and Jim Cole, with Houston associate Michael Rowe; on benefits and compensation matters by Washington, D.C. partner Adam Kestenbaum and Washington, D.C. counsel Laura Szarmach; on intellectual property matters by New York partner Jeffrey Tochner; on environmental matters by Los Angeles counsel Joshua Marnitz, with Houston associate Joseph Kmetz; and on antitrust matters by Washington, D.C. partner Jason Cruise, Frankfurt partner Max Hauser, and Washington, D.C. counsel Joseph Simei, with Frankfurt associate Nicholas Jung.