White & Case advises Solarius Capital Acquisition Corp. on US $172.5 million IPO

Global law firm White & Case LLP has advised Solarius Capital Acquisition Corp. on its US$172.50 million initial public offering of 17.25 million units priced at US$10.00 per unit, which includes the full exercise of the underwriter's over-allotment option. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. The units are listed on the Nasdaq Global Market and are trading under the ticker symbol "SOCAU."

While Solarius may pursue an initial business combination in any industry, sector or geographical location, it intends to focus on targets that complement its management team's background and experience, including in the asset management, wealth management and financial services markets, and intends to seek businesses with enterprise values of approximately US$500 million to US$2 billion.

The White & Case team was led by Capital Markets partners Daniel Nussen (Los Angeles) and Joel Rubinstein (New York), and included Capital Markets associate Brandon Wong (Houston); Tax partner Scott Fryman and associate Nir Fishbien (both in New York); and Foreign Direct Investment partner Farhad Jalinous and associate Tim Sensenig (both in Washington, DC).

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