Posts
October 26 2022
Chijet Motor Company, Inc. and Jupiter Wellness Acquisition Corp., a publicly traded special purpose acquisition company, announced the signing of a definitive business combination agreement. The business combination attributes an implied enterprise value to Chijet of an aggregate of $1.6 billion. In the proposed transaction, both Chijet and JWAC will be acquired by a newly-formed holding company named Chijet Motor Company, Inc.
October 25 2022
Client Alert – Reminder: Big Changes Coming For NYC Employers November 1, 2022
With November 1, 2022 fast approaching, we take this opportunity to remind New York City employers of two significant legal changes taking effect next week.
Click here to read the alert.
October 24 2022
Valerie Bluth, a member of the Firm, was interviewed for and quoted in the Super Lawyers supplement in Crain’s New York Business on reasonable accommodations in a post-covid world: “What’s Reasonable in A Reasonable Accommodation?”
Click here to read the article.
October 24 2022
Douglas Ellenoff, a member of the Firm, was quoted in a Wall Street Journal article on Chinese IPOs titled: “Nasdaq Freezes Chinese Small-Cap IPOs After Price Spikes.”
Click here to read the article.
October 24 2022
Sizzle Acquisition Corp., a publicly traded special purpose acquisition company and European Lithium AT (Investments) Limited, a wholly owned subsidiary of European Lithium Ltd, announced that they have entered into a definitive agreement for a business combination that will result in the formation of Critical Metals Corp., which is expected to be a leading lithium mining company. EGS acted as counsel to Sizzle Acquisition Corp.
October 18 2022
Evo Acquisition Corp., a special purpose acquisition company, announced the execution of a definitive business combination agreement with 20Cube Logistics Pte. Ltd., a Singapore-based software-enabled international supply chain orchestrator, for a proposed business combination between Evo and 20Cube. The parent company following the consummation of the business combination will be a new Singapore holding company to be called 20Cube Logistics Solutions Ltd. EGS acted as counsel to Evo Acquisition Corp.
October 13 2022
Good Works II Acquisition Corp., a publicly traded special purpose acquisition company, and Direct Biologics, LLC, a late-stage biotechnology company, announced the signing of a definitive agreement that, upon the satisfaction of all closing conditions, will result in Direct Biologics becoming a publicly traded company. Upon transaction close, the combined company will be named Direct Biologics, Inc. and shares of its common stock are expected to trade on the Nasdaq Capital Market. EGS acted as counsel to the placement agent.
October 13 2022
Zoomcar, Inc., the world’s largest emerging market focused car sharing platform, and Innovative International Acquisition Corp., a publicly traded special purpose acquisition company, announced that they have entered into a definitive merger agreement that will result in Zoomcar becoming a publicly listed company. The transaction is valued at approximately $456 million. Upon closing, the combined company will be renamed Zoomcar Holdings, Inc. and expects to list its common stock on Nasdaq. EGS acted as counsel to Zoomcar, Inc.