McDermott Represents North Atlantic Acquisition Co. in De-SPAC with TeleSign and $1.3B IPO Intent | McDermott

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McDermott Represents North Atlantic Acquisition Co. in De-SPAC with TeleSign and $1.3B IPO Intent

December 16, 2021

Read time: 3 min

International law firm McDermott Will & Emery represented the North Atlantic Acquisition Corporation (NAAC), a publicly traded special (NASDAQ: NAAC) purpose acquisition company (SPAC), in its business combination with TeleSign, a leader in digital identity and CPaaS software solutions for global enterprises. TeleSign intends to go public at an enterprise value of $1.3 billion, and with this transaction, the company expects to accelerate its investment and fund its growth.

 

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