Shearman And Sterling

News Sep 14, 2020

NavSight Holdings, Inc.’s $230 Million IPO

Shearman & Sterling advised Credit Suisse as sole book-running manager on the initial public offering of NavSight Holdings, Inc., a special-purpose acquisition company, of 23 million units at an offering price of $10.00 per unit, each unit consisting of one share of Class A common stock and one-half of one redeemable warrant.

NavSight Holdings, Inc. 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 intends to focus its search on identifying a prospective target business that provides expertise and technology to U.S. government customers in support of their national security, intelligence and defense missions. The company is led by Chairman/CEO Robert Coleman and EVP/CFO Jack Pearlstein.

The Team