Black Spade Acquisition II Co is sponsored by Black Spade Sponsor LLC II, an affiliate of Black Spade Capital Limited which is the private investment arm of Mr. Lawrence Ho, a globally recognised leader within the leisure and entertainment industry.

Appleby had previously acted as Cayman counsel of Black Spade on its first SPAC IPO in 2021 which successfully entered into a de-SPAC business combination with VinFast, a Vietnamese electric vehicle maker, in 2023.

The Appleby cross-jurisdictional team was led by Hong Kong and Shanghai Managing Partner David Bulley and Alejandra Gonzalez Saucedo as lead associate, supported by Hong Kong Associate Fanny Or and Shanghai Associate Mandy Qi.

Commenting on the matter Alejandra said: “It has been a pleasure to represent the Black Spade team in their second SPAC, which once again highlights our clients’ trust and strength in handling high-profile SPAC transactions, as well as our leading position in this space in Asia with clients continuing to use Appleby due to our market leading cross-jurisdictional M&A teams and expertise.”

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