Kirkland Advises Peridot II on Closing of Upsized $360 Million IPO
Kirkland & Ellis counseled Peridot Acquisition Corp. II, a blank check company sponsored by an affiliate of Carnelian Energy Capital Management, L.P. , on its upsized initial public offering of 36,000,000 units. Total gross proceeds from the offering were $360 million before deducting underwriting discounts and commissions and other offering expenses payable by the Company. The units began trading on the New York Stock Exchange under the ticker symbol "PDOT U" on March 9, 2021.
The Kirkland team was led by transactional partners Debbie Yee and Cephas Sekhar and associate Cecilia Turchetti; and tax partners David Wheat and Stephen Butler and associate Victoria Chang.
