Spartan Energy Acquisition Corp. and Fisker Inc. Close Business Combination
Vinson & Elkins advised Spartan Energy Acquisition Corp. (“Spartan”), a special purpose acquisition company sponsored by an affiliate of Apollo Global Management, Inc., in its business combination agreement with Fisker, Inc., a developer of the world’s most emotionally desirable, eco-friendly electric vehicles, which closed on October 29, 2020.
Spartan stockholders approved the business combination in a special meeting held on October 28, 2020, and the combined company’s Class A common stock and public warrants commenced trading on the New York Stock Exchange on October 30, 2020.
The V&E team was led by partners Ramey Layne, Brenda Lenahan, Jim Fox, John Kupiec and Shelley Barber, with assistance from Stancell Haigwood and Patrick Whelan. Other key team members included Zach Swartz, Dan Komarek, Matt Hortenstine, Tara Tegeleci, Devika Kornbacher, Benjamin Cukerbaum, David Peck, Jason McIntosh and Lauren Meyers.
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