King & Spalding LLP advised BOA Acquisition Corp. on the deal.
BOA Acquisition Corp. (the “Company”), a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, announced that it closed its initial public offering of 20,000,000 units at $10.00 per unit, including 3,000,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The units are listed on The New York Stock Exchange (the “NYSE”) and began trading under the ticker symbol “BOAS.U” on February 24, 2021. Each unit consists of one share of Class A common stock and one-third of one redeemable warrant. Each whole warrant is exercisable to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable and will trade. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on the New York Stock Exchange under the symbols “BOAS” and “BOAS.W,” respectively.
BTIG, LLC acted as sole book running manager for the offering.
BOA Acquisition Corp. is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
The King & Spalding Team included Brian Ashin, Keith Townsend (Picture), Alan Noskow, Zach Davis, Megan Larsen, Gina Bunker, Hap Shashy, Jonathan Talansky, John Green, Zach Cochran, and Brandon Ress
Involved fees earner: Brian Ashin – King & Spalding; Zachary Cochran – King & Spalding; Zachary Davis – King & Spalding; John Green – King & Spalding; Alan Noskow – King & Spalding; Brandon Ress – King & Spalding; Abraham Shashy – King & Spalding; Jonathan Talansky – King & Spalding; Keith Townsend – King & Spalding;
Law Firms: King & Spalding;
Clients: BOA Acquisition Corp.;