Soaring Eagle Acquisition’s $1.725 Billion Initial Public Offering

White & Case LLP advised Soaring Eagle Acquisition Corp, while Davis Polk advised the sole book-running manager, Goldman Sachs & Co. LLC, on the IPO.Soaring Eagle Acquisition Corp. executed its initial public offering of 172,500,000 units, for aggregate proceeds of $1.725 billion. The units were listed on the Nasdaq Capital Market under the symbol “SRNGU.”

Soaring Eagle Acquisition Corp. is the sixth SPAC led by Harry E. Sloan and Eli Baker and other senior professionals. Soaring Eagle Acquisition Corp. intends to focus on acquisition opportunities in high-growth industries and markets that can benefit from the management team’s relationships and experience.

The Davis Polk capital markets team advising Goldman Sachs & Co. included partners Derek Dostal (Picture) and Deanna L. Kirkpatrick, counsel Jennifer Ying Lan and associate Ben Somogyi. The tax team included partner Patrick E. Sigmon. Counsel Marcie A. Goldstein provided FINRA advice.

White & Case LLP advised Soaring Eagle Acquisition Corp. with partners Joel Rubinstein and Jonathan Rochwarger (both in New York) and counsel Daniel Nussen (Los Angeles), and included associates Bob Lehner (London) and Audrey Bae (New York). They were assisted by tax partners David Dreier and Sang Ji and associate Adriana Zhan (all in New York).

Involved fees earner: Derek Dostal – Davis Polk & Wardwell; Marcie Goldstein – Davis Polk & Wardwell; Deanna Kirkpatrick – Davis Polk & Wardwell; Patrick Sigmon – Davis Polk & Wardwell; Ben Somogyi – Davis Polk & Wardwell; Jennifer Ying Lan – Davis Polk & Wardwell; Audrey Bae – White & Case; David Dreier – White & Case; Sang Ji – White & Case; Bob Lehner – White & Case; Daniel Nussen – White & Case; Jonathan Rochwarger – White & Case; Joel Rubinstein – White & Case; Adriana Zhan – White & Case;

Law Firms: Davis Polk & Wardwell; White & Case;

Clients: Goldman Sachs & Co.; Soaring Eagle Acquisition Corp.;

Martina Bellini

Author: Martina Bellini