Joel L. Rubinstein
Biography
Overview
Joel Rubinstein is a partner at White & Case, and a member of the Firm's Capital Markets Practice.
Joel represents issuers, investment banks and investors in IPOs, follow-on public offerings, at-the-market offerings (ATMs) and private placements (including PIPEs). He also represents public and private companies in mergers & acquisitions and joint ventures. He regularly advises public company boards and management on compliance with securities laws and other strategic matters. Joel has significant experience in advising on IPOs and business combination transactions involving special purpose acquisition companies (SPACs), having advised on over 200 such transactions as a part of his practice since 2005.
Joel has advised on transactions in a variety of industries, including technology, media, online gaming, life sciences, energy, consumer, healthcare and industrial. He is a member of our Band 1 Chambers ranked Israel practice group, having worked on capital markets and other Israel-related matters for over 20 years.
Joel has been named a Star Individual (above Band 1) in Chambers Global 2024 and Chambers USA 2023 for SPACs.
Experience
Selected Representations:
- SES AI Corporation (Nasdaq: SES), a developer of high-performance hybrid Lithium-Metal (Li-Metal) rechargeable batteries for electric vehicles, in its US$3.6 billion SEC-registered initial public listing through a de-SPAC transaction with Ivanhoe Capital Acquisition Corp., including a US$275 million PIPE
- Goldman, Sachs & Co. as underwriter in multiple follow-on public offerings, including the US$418 million primary and secondary offering of ordinary shares of Genius Sports Limited and two separate US$1.6 billion primary and secondary offerings of shares of common stock of DraftKings Inc.
- Falcon's Beyond Global, Inc. (Nasdaq: FBYD), a global entertainment development company specializing in intellectual property creation and expansion, in its US$1 billion SEC-registered initial public listing through a de-SPAC transaction with FAST Acquisition Corp. II
- REE Automotive Ltd. (Nasdaq: REE), an Israeli e-mobility company, in its US$3.1 billion SEC-registered initial public listing through a de-SPAC transaction with 10X Capital Venture Acquisition Corp., including a US$300 million PIPE
- Alta Equipment Group Inc. (NYSE: ALTG), a leading provider of premium material handling, construction and environmental processing equipment and related services, in an underwritten secondary offering of 2.2 million shares of common stock priced at US$16.25 per share
- Golden Nugget Online Gaming (Nasdaq: GNOG) in its US$1.56 billion public merger with DraftKings Inc. (Nasdaq: DKNG)
- Screaming Eagle Acquisition Corp. in its US$750 million IPO, Soaring Eagle Acquisition Corp. in its US$1.725 billion IPO and six prior Eagle IPOs raising an aggregate of US$2.43 billion
- ION Acquisition Corp. 1 Ltd. in the US$2.6 billion SEC-registered initial public listing of Taboola.com Ltd. (Nasdaq: TBLA), a global company (with its core R&D in Israel) utilizing AI to power recommendations for the open web, through a de-SPAC transaction, including a US$285 million PIPE
- Diamond Eagle Acquisition Corp. in the US$3.3 billion SEC-registered initial public listing of DraftKings Inc., on online sports entertainment and gaming company, through a de-SPAC transaction, including a $304 million PIPE
- Landcadia Holdings, Inc. I through IV, co-sponsored by Jefferies and Tilman Fertitta, in four IPOs raising an aggregate of US$1.64 billion
- dMY Technology Group, Inc. I through IV, co-sponsored by Harry You and Niccolo de Masi, in four IPOs raising an aggregate of US$1.15 billion
"Understanding Equity Lines of Credit" PLI program, March 6, 2024
"The SEC's New SPAC Rules: Everything You Need to Know" LSTA CLE Webcast, March 5, 2024
"SPACs – Where do we go after the inflection point?" Reuters webinar June 21, 2021
"SEC focus on Cybersecurity in the Financial Services Industry," PLI program, January 2017
"SPACs Debut in Canada and Continue in the United States: Trends in SPAC IPOs and Business Combinations on Both Sides of the Border," Practical Law Canada, January 2016
"SPACs: Overview," Practical Law, Practice Note, December 2015
"SPACs Are Back, And With Friendlier Terms," Buyouts, June 2010
"New SPAC Structure Holds Promise for Private Equity Exits," June peHUB, 2010
Star Individual, Chambers USA, 2023, SPACs
Band 1, Chambers USA, 2021-2022, SPACs
"500 Leading Lawyers in America," Lawdragon Magazine, 2020
"Notable Practitioner" for Capital Markets: Equity, M&A, and Private Equity, IFLR1000, 2019
2019 Finance, Banking, and Capital Markets Trailblazer, The National Law Journal, 2019
