Winston & Strawn Represents Goldman Sachs & Co. LLC

November 8, 2021

Source: Winston & Strawn

Winston & Strawn represented Goldman Sachs & Co. LLC, as underwriter’s counsel, in the SPAC IPO of 7 Acquisition Corporation. 7 Acquisition Corporation (the "Company") today announced the pricing of its initial public offering ("IPO") of 20,000,000 units at a price of $10.00 per unit. The Company's units are expected to be listed on the Nasdaq Global Market ("Nasdaq") and trade under the ticker symbol "SVNAU" beginning November 5, 2021. Each unit issued in the IPO consists of one Class A ordinary share of the Company, and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "SVNA" and "SVNAW," respectively. Goldman Sachs & Co. LLC is acting as the sole book-running manager for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,000,000 units at the IPO price to cover over-allotments, if any. The offering is expected to close on November 9, 2021, subject to customary closing conditions.

Press Release: https://www.prnewswire.com/news-releases/7-acquisition-corporation-announces-pricing-of-200-million-initial-public-offering-301417327.html

Winston Team:

•            Blankenship, Mike, Lead Partner, Houston

•            Johnson, Eric, Partner, Houston

•            Sakowitz, David, Partner, New York

•            Eun, Iris, Review Center Practice Attorney, New York

•            Oakes, Robbie, Associate, Houston

•            Smolj, Ben, Associate, Houston

•            Song, Inhae, Associate, New York

•            Tanner, Alexander, Associate, Houston

 

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