Voyager Digital Ltd. (OTC Pink VYGVQ; FRA: UCD2) has announced that its operating company Voyager Digital LLC selected US exchange BAM Trading Services Inc. (Binance.US) as the highest and best bid for its assets after a review of strategic options with the core objective of maximizing the value returned to customers and other creditors on an expedited timeframe. Binance.US is headquartered in Palo Alto, CA, and is incorporated in Delaware. It is an independent legal entity and has a licensing agreement with Binance.com.
Latham & Watkins LLP is representing Binance.US in the transaction with an M&A team led by New York partners Robert Katz and Daniel Mun and New York counsel Robert McGuire, with associates Ransel Potter, Nancy Zhu, and Yulong Li. Advice was also provided on UK corporate matters by London partners Nick Cline and Stuart Davis, with associate Lauren Chapple; on restructuring matters by New York partner Adam Goldberg and Washington, D.C. partner Andrew Sorkin; with associates Nacif Taousse and Jonathan Weichselbaum; on fintech and financial regulations matters by New York partners Stephen Wink, Yvette Valdez, and Jenny Cieplak, London partner Andrew Moyle, and Washington, D.C. partners Barrie VanBrackle and Parag Patel, with associates Victor Razon, Luca Marquard, and Adam Fovent; on tax matters by New York partner Eric Kamerman, with associate Lukas Kutilek; on benefits & compensation matters by Boston partner Josh Friedman; on labor matters by Chicago partner Nineveh Alkhas, with associate Laura Waller; on intellectual property matters by Los Angeles partner Ghaith Mahmood, with associate Nathan Wages; on data privacy & security matters by Houston partner Robert Brown; on real estate matters by associate Karen Ritter; on environmental, land, and resources maters by Orange County partner Christopher Norton; on anti-bribery and trade controls matters by Washington, D.C. partner Daniel Dominguez and Washington, D.C. counsel Andrew Galdes, with associate Julie Shin; on antitrust matters by New York partner Katherine Rocco, with associate Doug Tifft; and on CFIUS matters by Washington, D.C. partner Les Carnegie, with associate Zachary Eddington.