Switchback Energy Acquisition Corporation Closes IPO
Vinson & Elkins advised Switchback Energy Acquisition Corporation on its initial public offering of 30,000,000 units at a price of $10.00 per unit. The offering closed on July 30, 2019.
Switchback is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. The company intends to focus its search for a target business in the energy industry in North America.
The V&E team was led by partners Ramey Layne and Doug McWilliams with senior associate Zach Swartz and associate Joe Milano.
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