Tortoise Acquisition Corp.’s $345 Million IPO


Vinson & Elkins LLP advised Tortoise Acquisition Corp. II on the deal.

Tortoise Acquisition Corp. II announced its initial public offering (IPO) of 34,500,000 units at a price of $10.00 per unit. This includes the exercise in full by the underwriters of their option to purchase up to an additional 4,500,000 units. The IPO closed on September 15, 2020.

Tortoise Acquisition Corp. II operates as a blank check company. The Company aims to acquire one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization.

The V&E corporate team was led by partners Brenda Lenahan (Picture) and Ramey Layne with assistance from senior associate Andrew Schulte and associates Layton Suchma and Elisie Lee. Also advising were partner Jason McIntosh, senior associate Brian Russell and associate Lauren Nieman; and partner David D’Alessandro and senior associate Melissa Spohn.

Involved fees earner: Ramey Layne – Vinson & Elkins LLP; Brenda Lenahan – Vinson & Elkins LLP; Andrew Schulte – Vinson & Elkins LLP; Layton Suchma – Vinson & Elkins LLP;

Law Firms: Vinson & Elkins LLP;

Clients: Tortoise Acquisition Corp II;

Author: Ambrogio Visconti