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Kadem Sustainable Impact Corporation Closes Initial Public Offering

Vinson & Elkins advised Kadem Sustainable Impact Corporation with its initial public offering of 17,500,000 units at a price of $10.00 per unit. The offering closed on March 19, 2021.

Kadem Sustainable Impact Corporation, a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, intends to focus its search for a target business in the electric vehicle, energy storage and distribution, and enabling mobility technologies ecosystem.

The V&E capital markets team was led by Ramey Layne, Brenda Lenahan and Zach Swartz, with assistance from Farah Chranya and Marcus Martinez. The V&E private equity team was led by Dan Komarek, Jeff Shah and Helen Xiang. Other key team members included Jason McIntosh, Allyson Seger, Lauren Nieman, Sarah Mitchell and Julia Petty.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 11 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

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