Shearman And Sterling

News Jul 20, 2020

HPX Corp.’s $253 Million IPO

Shearman & Sterling advised Credit Suisse as sole book-running manager on the initial public offering of HPX Corp., a special-purpose acquisition company, of 25.3 million units at an offering price of $10.00 per unit, each unit consisting of one Class A ordinary share and one-half of one redeemable warrant.

HPX Corp. is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or other similar business combination with one or more businesses. The company intends to focus on businesses located in Brazil. The company is led by co-chairmen Bernardo Hees and Rodrigo Xavier and Chief Executive Officer Carlos Piani. 

The Team