SCHMID Group N.V. shares will begin trading on the Nasdaq Global Select Market under the ticker symbol “SHMD” on 1 May 2024.
This complex cross-jurisdictional and high-profile de-SPAC transaction was co-led by Hong Kong and Shanghai Managing Partner David Bulley and Cayman partner Dean Bennett with assistance from Hong Kong associate Alejandra Gonzalez Saucedo.
Commenting on the matter Dean said “We are delighted to have acted on this transaction which once again highlights our strength in handling high-profile SPAC/de-SPAC transactions and our leading position in this space in the Cayman Islands and Hong Kong, with clients choosing Appleby as offshore counsel due to our market leading cross-jurisdictional M&A teams and expertise. The team is continuing to work on multiple de-SPAC transactions, as well as new SPAC IPOs, and we look forward to bringing more successful companies to the US public markets.”
With a broad global footprint, strong working relationships with local regulators and deep transactional experience, our M&A team is well-positioned to advise clients on the offshore aspect of a wide range of M&A activities in the Asia-Pacific region.
