Corazon Capital V838 Monoceros’ $200 Million Initial Public Offering

Davis Polk advised the sole book-running manager in the offering.

Corazon Capital V838 Monoceros Corp. executed its initial public offering of 20,000,000 units, for aggregate proceeds of $200 million. Each unit consists of one Class A ordinary share and one-third of one warrant to purchase one Class A ordinary share of Corazon Capital V838 Monoceros Corp. The Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “CRZN” and “CRZNW,” respectively.

Corazon Capital V838 Monoceros Corp is a special purpose acquisition company (SPAC) looking for acquisition opportunities in businesses with consumer-facing technology, subscription of recurring revenue models, marketplaces and networks, or that operate in the education, social media, dating and ecommerce sectors.

The Davis Polk corporate team advising Citigroup Global Markets, Inc. as Sole Book-Running Manager, included partners Derek Dostal (Picture) and Yan Zhang. The tax team included partner Mario J. Verdolini and associate Tomislava Dragicevic. Counsel Marcie A. Goldstein provided FINRA advice. 

Involved fees earner: Derek Dostal – Davis Polk & Wardwell; Tomislava Dragicevic – Davis Polk & Wardwell; Marcie Goldstein – Davis Polk & Wardwell; Mario Verdolini – Davis Polk & Wardwell; Yan Zhang – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Citigroup Global Markets Ltd;

Author: Martina Bellini