Winston & Strawn Represents BofA Securities and Wells Fargo Securities, LLC

Winston & Strawn represented BofA Securities and Wells Fargo Securities, LLC as joint bookrunners in connection with Berenson Acquisition Corp. I (the "Company") initial public offering of 25,000,000 units.  The offering was priced at $10.00 per unit, generating total gross proceeds of $250,000,000. The units are listed on the New York Stock Exchange and trade under the ticker symbol "BACA.U."  Each unit consists of one share of the Company's Class A common stock and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one share of Class A common stock at a price of $11.50 per share.  Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on the New York Stock Exchange under the symbols "BACA" and "BACA WS," respectively.

The Company is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.  The Company's efforts to identify a prospective target business will not be limited to a particular industry or geographic location, although it intends to focus on businesses operating in the software and technology-enabled services industry with a total enterprise value in excess of $1 billion. Navigation Capital Partners, Inc. is a member of the Company's sponsor group.

Press Release: https://www.prnewswire.com/news-releases/berenson-acquisition-corp-i-announces-closing-of-250-million-initial-public-offering-301389349.html

Winston Team:

Carol Anne Huff, Lead Partner, Chicago
Angela Rohman Russo, Partner, Chicago
Alexander Tanner, Associate, Houston