2月11日, 中信资本旗下空头支票公司中信资本收购在纽交所挂牌交易,总募资金额达2. 76亿美元。美国温斯顿律师事务所担任发行人律师,达维律师事务所担任独家承销商瑞士信贷律师,迈普达律师事务所则为交易提供了离岸服务。
根据中信资本收购的招股书,其成立于2019年,总部位于北京,是一家专为收购或并购经营业务组建的空白支票公司,其未来会重点在全球范围内物色有潜力在中国和亚洲其他市场取得成功的能效、清洁科技和可持续发展领域公司。不过目前还未相中任何标的,或展开任何洽谈。
根据路透社报道,这是中国国有企业第一次挂牌特殊目的收购公司(SPAC)。近年来有一系列SPAC在纽交所挂牌,但其中罕见将中国定位于目标市场。中国民生金融控股曾于2017年挂牌了一家SPAC公司,并于2019年买下了网络二手车销售平台开心汽车。
达维团队此次牵头律师为纽约办公室合伙人Deanna L. Kirkpatrick、Derek Dostal和William A. Curran。
U.S. firms act on first state-owned “blank cheque” company’s NY IPO
U.S. law firm Winston & Strawn represented CITIC Capital Acquisition on its $276 million initial public offering (IPO) on the New York Stock Exchange, with Davis Polk & Wardwell advising the sole underwriter Credit Suisse.
According to its prospectus, Beijing-headquartered CITIC Capital Acquisition intends to search globally for companies in the energy efficiency, clean technology and sustainability sectors. It will focus on companies with potential for success in China, other markets in Asia and elsewhere.
According to Reuters, the flagship alternative investment arm of conglomerate CITIC Group will be the first state-owned company from China to list an SPAC. While a series of SPACs have been listed in New York in recent years, it is still rare for their sponsor or their focus to be Chinese. China Minsheng Financial listed an SPAC in 2017 and bought Kaixin Auto, an online car dealer, the year after.
Maples and Calder provided offshore services to the issuer.
The Davis Polk team was led by partners Deanna L. Kirkpatrick, Derek Dostal and William A. Curran.
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