Silver Crest Acquisition Corporation’s $300M SPAC Initial Public Offering


Appleby acted as Cayman counsel on Silver Crest Acquisition Corporation’s upsized US$300M SPAC IPO.

Silver Crest Acquisition Corporation announced its upsized US$300,000,000 SPAC IPO, which is targeting businesses with differentiated products and services in one or more high growth consumer and consumer technology sectors and is sponsored by affiliates of Ascendent Capital Partners.

Silver Crest Acquisition Corporation operates as a blank check company. The Company aims to acquire one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization.

The Appleby team was led by David Bulley (Picture), Partner in Appleby’s Hong Kong office, and Dean Bennett, Senior Associate in Appleby’s Cayman office.

Involved fees earner: Dean Bennett – Appleby; David Bulley – Appleby;

Law Firms: Appleby;

Clients: Silver Crest Acquisition Corporation;

Avatar

Author: Ambrogio Visconti.