DLA Piper advises Clear Street as sole book-running manager in US$172.5 million initial public offering for Copley Acquisition Corp

DLA Piper advised Clear Street as sole book-running manager in the US$172.5 million initial public offering for Copley Acquisition Corp.

Copley Acquisition Corp is a blank check company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the company may pursue a business combination target in any business or industry, it intends to focus its search for businesses in either the technology or lifestyle sectors.

"We appreciate the opportunity to work with the Clear Street team and are proud to showcase our capabilities on this IPO," said Stephen P. Alicanti, the DLA Piper partner who led the transaction.

Alongside Alicanti (New York), the core deal team included of counsel Christie Lehr (Raleigh) and associates Michael Kumar and Andrew Wolfe (both in New York).

DLA Piper’s global capital markets team represents issuers and underwriters in registered and unregistered equity, equity-linked and debt capital markets transactions, including initial public offerings, follow-on equity offerings, equity-linked securities offerings, and offerings of investment-grade and high-yield debt securities.