Black Spade Acquisition Co’s USD150 Million SPAC IPO

Appleby acted as Cayman counsel to Black Spade Acquisition Co on its USD150 million SPAC IPO on The New York Stock Exchange. Davis Polk also advised Black Spade Acquisition Co.

The IPO is targeting businesses related to or in the entertainment industry, with a focus on enabling technology, lifestyle brands, products, or services, and entertainment media.

Black Spade Acquisition Co is sponsored by Black Spade Sponsor LLC, an affiliate of Black Spade Capital Limited which the private investment arm of Mr. Lawrence Ho, a globally recognised leader within the leisure and entertainment industry

The Appleby team was led by David Bulley (Picture), Partner in Appleby’s Hong Kong office, and Dean Bennett, Counsel in Appleby’s Cayman office with assistance from Alejandra Gonzalez Saucedo.

The Davis Polk corporate team included partner James C. Lin and registered foreign lawyers Jennifer (Yujia) Jiang, Samuel Kang and Yulan Ouyang. The tax team included counsel Alon Gurfinkel and associate Omer Harel.

Involved fees earner: Dean Bennett – Appleby; David Bulley – Appleby; Alejandra Gonzalez Saucedo – Appleby; Alon Gurfinkel – Davis Polk & Wardwell; Omer Harel – Davis Polk & Wardwell; Jennifer Jiang – Davis Polk & Wardwell; Samuel Kang – Davis Polk & Wardwell; James Lin – Davis Polk & Wardwell; Yulan Ouyang – Davis Polk & Wardwell;

Law Firms: Appleby; Davis Polk & Wardwell;

Clients: Black Spade Acquisition Co;