McDermott Represents PowerUp in its $250 Million Initial Public Offering
International law firm McDermott Will & Emery represented PowerUp Acquisition Corp., a video game-focused special purpose acquisition company (SPAC), in its $250 million initial public offering (IPO) of 25 million units at a price of $10 per unit. The units will be listed on The Nasdaq Global Market (Nasdaq) under the ticker symbol “PWUP.”
The deal was announced on February 14, 2022 and is expected to close on February 23, 2022, subject to customary closing conditions.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices, industries and more than 20 locations to deliver highly effective—and often unexpected—solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.