Lefteris Acquisition Corp’s $200 Million IPO


Sidley Austin LLP advised Morgan Stanley as underwriters’ counsel on the deal while Ropes & Gray advised Lefteris Acquisition Corp.

Lefteris Acquisition Corp. (NASDAQ: LFTRU) announced that it has successfully completed its initial public offering. As a special purpose acquisition company, Lefteris was created for the purpose of acquiring a company in the fintech space. True to its mission, Lefteris is led by a distinctive executive team with the strategic and public company expertise and capital raising know-how to help private companies go public successfully.

Lefteris Acquisition Corp. operates as a blank check company. The Company aims to acquie one and more businesses, via a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, and similar business combination.

The Sidley team was led by Sam Gandhi and also included Michael Heinz (Picture), Kunle Deru, Ei Jae Chang, Ben Nager, Christian Brause and Remi Gagnon.

The Ropes & Gray team was led by Paul Tropp.

Involved fees earner: Paul Tropp – Ropes & Gray; William Blakely – Sidley Austin LLP; Christian Brause – Sidley Austin LLP; Ei Jae Chang – Sidley Austin LLP; Kunle Deru – Sidley Austin LLP; Rémi Gagnon – Sidley Austin LLP; Samir Gandhi – Sidley Austin LLP; Michael Heinz – Sidley Austin LLP; Benjamin Nager – Sidley Austin LLP;

Law Firms: Ropes & Gray; Sidley Austin LLP;

Clients: Lefteris Acquisition Corp; Morgan Stanley;

Author: Ambrogio Visconti