Press Release

Kirkland Counsels Authentic Equity on $230 Million IPO

Kirkland & Ellis advises Authentic Equity Acquisition Corp., a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses, on its initial public offering of 20 million units at $10 per unit and the sale of an additional 3 million units at a price of $10 per unit pursuant to the underwriters' full exercise of their over-allotment option. Total gross proceeds from the offering were $230 million before deducting underwriting discounts and commissions and other expenses.

Read Authentic Equity’s press release

The Kirkland team was led by capital markets partners Christian Nagler and Debbie Yee and associates Chris Fox and Ibe Alozie; transactional partners Mike Movsovich and James Hu and associate Michael Chung; tax partners Scott Fryman and Mike Beinus; investment funds partner Alexandria Glispie; and ERISA partner Elizabeth Dyer.