WilmerHale Represents Jackson Acquisition Company in IPO

WilmerHale Represents Jackson Acquisition Company in IPO

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An interdisciplinary practice advising the full range of market participants on complex transactions involving SPACs.
WilmerHale represented Jackson Acquisition Company, a special purpose acquisition company led by chairman of the Board of Directors Jeb Bush and president and chief executive officer Richard L. Jackson, in its initial public offering. The offering of 20,000,000 units, each unit consisting of one share of Class A common stock and one-half of one redeemable warrant, resulted in gross proceeds to Jackson Acquisition Company of $200,000,000 before deducting underwriting fees and other expenses. The offering priced on December 8, 2021 at a public offering price of $10.00 per unit and closed on December 13, 2021. The units began trading on the New York Stock Exchange under the ticker symbol “RJAC.U.” on December 9, 2021. BofA Securities acted as sole book-running manager for the offering. The WilmerHale team consisted of Glenn Pollner, Stephanie Leopold, Elizabeth Brasher and Morgan Lam, with assistance from Heidi Treiber.

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