Shearman And Sterling

News June 16, 2023

ESH Acquisition Corp.’s $115 Million IPO

Shearman & Sterling advised I-Bankers Securities, Inc., IB Capital LLC and Dawson James Securities, Inc. as the underwriters of the initial public offering of ESH Acquisition Corp., a special-purpose acquisition company, of 11,500,000 units at an offering price of $10.00 per unit, each unit consisting of one share of Class A common stock and one right. Upon the consummation of the Company’s initial business combination, each right entitles the holder to receive one-tenth (1/10) of one share of the Company’s Class A common stock.

ESH Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses or entities. The company intends to focus on businesses that are in the music and entertainment, sports and hospitality industries.

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