Shearman And Sterling

News March 19, 2021

Build Acquisition Corp.’s $200 Million IPO

Shearman & Sterling advised Build Acquisition Corp., a special-purpose acquisition company, on its initial public offering of 20 million units at an offering price of $10 per unit, each unit consisting of one share of Class A common stock and one-third of one redeemable warrant.

Build Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in the enterprise software and technology-enabled services markets in North America. The company is led by Lanham Napier, Zeynep Young and Tanner Cerand of BuildGroup LLC.

The Team