Shearman And Sterling

News Dec 10, 2020

Revolution Acceleration Acquisition Corp’s $287.5 Million IPO

Shearman & Sterling advised Credit Suisse as sole book-running manager on the initial public offering of Revolution Acceleration Acquisition Corp, a special-purpose acquisition company, of 28.750 million units at an offering price of $10.00 per unit, each unit consisting of one share of Class A common stock and one-third of one redeemable warrant.

Revolution Acceleration Acquisition Corp 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 in the financial services, healthcare, technology and consumer and media sectors in the United States. The company is led by founder and CEO John Delaney and founder and Director Steve Case.

The Shearman & Sterling team below also included associate Jenny Jordan.

The Team