Kismet SPACs’ $500 Million Combined Initial Public Offering

Ogier acted as Cayman Islands counsel on the Nasdaq initial public offerings (IPO) of special purpose acquisition companies (SPAC) Kismet Acquisition Two Corp and Kismet Acquisition Three Corp.

Kismet Acquisition Two raised $230 million in its IPO and began trading on the Nasdaq under the ticker symbol “KAIIU”. Kismet Acquisition Three announced closing of $287.5million and began trading under the ticker symbol “KIIIU”. Both opened on February 18 2021.

Both SPACs are led by chairman and chief executive officer Ivan Tavrin and are intended to pursue acquisition opportunities in the technology sectors primarily operating in Europe, including Russia.

The Ogier team was led by partner Bradley Kruger (picture) and associate Michael Robinson.

Involved fees earner: Bradley Kruger – Ogier LLP; Michael Robinson – Ogier LLP;

Law Firms: Ogier LLP;

Clients: Kismet Acquisition Three Corp; Kismet Acquisition Two Corp;

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