Freshfields advises CarLotz, Inc. in SPAC transaction with Acamar Partners Acquisition Corp.Freshfields is advising CarLotz, Inc., a leading business-to-business consignment-to-retail used vehicle marketplace, in its business combination with Acamar Partners Acquisition Corp., a SPAC. Once the transaction closes, it is intended that CarLotz, Inc. will become listed on NASDAQ.
Read the official press release here.
The Freshfields team led on all aspects of the business combination.
The Freshfields corporate team was led by partner Valerie Ford Jacob, counsel Zheng (Jonathan) Zhou and associates Paul Gray and Maxim Neumann. Corporate partner Michael Levitt, counsel Brian Lewis, and associates Anthony Paladino and Anne Powderly provided capital markets advice. The employee benefits and executive compensation team was led by partner Lori Goodman and associate Jeffrey Anand. The tax team was led by partner Robert Scarborough and David Mitchell. All are based in the New York office.
Freshfields continues to build a strong record of experience on SPAC transactions, including advising Clever Leaves in its recent business combination with Schultze Special Purpose Acquisition Corp., International General Insurance in its recent business combination with SPAC Tiberius Acquisition Corp. and Pivotal Acquisition Corp. on its combination with KLDiscovery.
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Freshfields Bruckhaus Deringer LLP is a global law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on groundbreaking and business-critical mandates. Our 2,800-plus lawyers deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multinational expertise, and business know-how means our clients rely on us when it matters most.