WilmerHale represented the underwriter in the initial public offering of 20,125,000 units of Crescera Capital Acquisition Corp., a special purpose acquisition company, at a public offering price of $10.00 per unit. Each unit consisted of one Class A ordinary share and one-half of one redeemable warrant. The units sold reflected the full exercise of the underwriters’ option to purchase an additional 2,625,000 units to cover over-allotments. The gross proceeds to the company were approximately $201 million, before deducting underwriting discounts and offering expenses. The offering closed on November 23, 2021.

The WilmerHale team advising the underwriter consisted of Lisa Firenze, Glenn Pollner, Stephanie Leopold and Hilary Baker-Jennings.

For more information, read Crescera Capital Acquisition Corp.’s press release.