Carbon Revolution being advised on proposed merger with Twin Ridge Capital Acquisition Corp
Global technology company Carbon Revolution Limited is being advised on the Australian law aspects of its proposed merger with Twin Ridge Capital Acquisition Corp, a special purpose acquisition company listed on the New York Stock Exchange.
Firm: Herbert Smith Freehills (Carbon Revolution Limited)
The transaction marks only the second time, the firm said in a statement, that a “de-SPAC” transaction has been announced with an Australian listed company as the target and is expected to complete in the first half of 2023.
Area: Merger and acquisition
Value: $300 million
Key players: The HSF team is being led by partner Alex Mackinnon, with the support of partner Michael Ziegelaar, executive counsel Cecilia Mehl, senior associate Jessica Voong, and solicitors Nick Gillies and Bevan Wang.
Deal significance: Mr Mackinnon said: “We are delighted to be advising Carbon Revolution, a client we have advised since its pre-IPO raise and IPO in 2019, on this complex cross-border transaction, being only the second de-SPAC transaction for a listed company ever announced in the Australian market. We look forward to continuing to advise Carbon Revolution on the transaction.”
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly and HR Leader. He has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. In June 2024, he also assumed the editorship of HR Leader. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of the Minds Count Foundation.
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