近日，中国汽车保险科技平台车车科技与原纽交所上市特殊目的收购公司Prime Impact Acquisition I.完成业务合并。从9月18日起，合并后的公司Cheche Group Inc.成为一家纳斯达克上市公司。
车车科技美国上市是首例根据《境内企业境外发行证券和上市管理试行办法》完成中国证监会备案程序的VIE结构境外上市项目。证监会网站显示，车车科技于9月14日拿到境外发行上市备案通知书。
美国威尔逊律师事务所、汉坤律师事务所、衡力斯律师事务所作为车车科技律师参与交易；高赢国际律师事务所、中伦律师事务所、迈普达律师事务所为Prime Impact提供法律意见；竞天公诚律师事务所则作为投资人World Dynamic的法律顾问参与交易。
车车科技于2014年开始运营，目标是改变中国的车险市场，并以透明、普适及高效的方式实现端到端保险购买流程的数字化。目前，车车在全国设立了130个服务机构，同时在北京、广州均设有研发中心。
Prime Impact于2020年9月登陆纽交所，主要合并目标是亚洲主要市场（特别是大中华市场）的创新型、以数据为中心的技术公司。
该交易对合并后的公司的预估企业价值约8.41亿美元。上市首日，车车科技股价大涨581.82%，总市值达到59.62亿美元。
威尔逊公司法团队由合伙人欧阳丹领导，税法团队由合伙人Myra A. Sutanto Shen领导；
中伦团队项目组由合伙人程博负责，非权益合伙人戴雯为项目的推进提供了大力支持。合伙人赵丙印、李瑞也分别提供了保险合规和数据合规领域的专业咨询意见；
本交易中，汉坤团队协助车车科技完成了中国证监会的境外上市备案。
Wilson, Goodwin on Cheche Group’s de-SPAC merger, achieving NASDAQ listing
Chinese auto insurance technology platform Cheche Group has recently completed its merger with the Special Purpose Acquisition Company (SPAC) Prime Impact Acquisition I, formerly listed on the New York Stock Exchange. As of Sep.18, the merged entity has become a publicly traded company listed on NASDAQ.
Cheche’s U.S. listing represents the first case of a VIE structure overseas listing project completed under the Administrative Measures of Overseas Securities Offering and Listing by Domestic Companies. According to the China Securities Regulatory Commission (CSRC) website, Cheche received its approval on September 14.
Wilson Sonsini Goodrich & Rosati, Han Kun Law Offices, and Harney Westwood & Riegels acted as legal counsel for Cheche, while Goodwin Procter, Zhong Lun Law Firm, and Maples and Calder (Cayman) provided legal advice to Prime Impact.
Jingtian & Gongcheng provided legal advice to the investor World Dynamic.
Cheche Group, founded in 2014, aims to transform China's auto insurance market and digitise the end-to-end insurance purchasing process in a transparent, universal, and efficient manner. Currently, Cheche has 130 service centres nationwide, with research and development centres located in Beijing and Guangzhou.
Prime Impact, which went public on the NYSE in September 2020, primarily targeted innovative, data-centric technology companies in major Asian markets, especially the Greater China region.
The estimated enterprise value of the merged entity is approximately $841 million. On its first day of trading, Cheche's stock price surged by 581.82 percent, resulting in a total market capitalisation of $5.962 billion.
The Wilson team was led by partner Ouyang Dan of the corporate group, with tax advice provided by partner Myra A. Sutanto Shen.
The Zhong Lun team was led by partner Cheng Bo, with support from non-equity partner Dai Wen. Partners Zhao Bingyin and Li Rui also offered expert advice in the areas of insurance compliance and data compliance.
The Han Kun team assisted Cheche in completing the CSRC's overseas listing record filing in the transaction.
