Winston & Strawn Represents Investcorp India Acquisition Corp

May 10, 2022

Source: Winston & Strawn

Winston & Strawn represented Investcorp India Acquisition Corp (NASDAQ: IVCAU), a newly incorporated blank check company, which has announced the pricing of its initial public offering of 22,500,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Global Market (“NASDAQ”) and are expected to trade under the ticker symbol “IVCAU” beginning on May 10, 2022. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant of the Company. Each whole warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the shares and warrants are expected to be traded on NASDAQ under the symbols “IVCA” and “IVCAW,” respectively.

While the Investcorp India Acquisition Corp may pursue a business combination target in any business, industry or geographical location, it intends to focus its search for a target located in India in industries the Company expects to have a high-potential for growth and for generating strong returns for its shareholders. Credit Suisse Securities (USA) LLC is the sole book-running manager for the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 3,375,000 units at the initial public offering price to cover over-allotments, if any.

Press Release

https://www.businesswire.com/news/home/20220509006255/en/Investcorp-India-Acquisition-Corp-Announces-Pricing-of-225000000-Initial-Public-Offering

Deal Team

Mike Blankenship, Lead Partner, Houston

Sheryl Falk, Partner, Houston

Eric Johnson, Partner, Houston

David Sakowitz, Partner, New York

Carly Ginley, Associate, Charlotte

John Niedzwiecki, Associate, Houston

Luisa Patoni, Associate, Houston

Alexandra Santana, Associate, Houston

Emily Semon, Associate, Dallas

Ben Smolij, Associate, Houston

 

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