Ogier acts as BVI counsel on the US$76,875,000 IPO of Atlantic Alliance Partnership

Ogier has acted as BVI legal counsel on the US$76,875,000 IPO on NASDAQ of Atlantic Alliance Partnership Corp (symbol "AAPC").

Atlantic Alliance Partnership Corp is a special purposes acquisition company ("SPAC") formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, contractual or control arrangement with, purchasing all or substantially all of the assets of, or engaging in any other similar initial business combination with one or more businesses or entities. 

Commenting on the deal, lead partner Simon Schilder said "This is the latest of a number of SPAC IPOs involving BVI companies which we have advised on at Ogier, with companies listing in either New York on NASDAQ or in London on the LSE.  We are delighted to have advised Atlantic Alliance Partners Corp on their IPO.  With a number of other SPAC IPOs currently in the pipeline, we are fairly confident that 2015 promises to be a busy year for us in this sector."

Ogier partners Simon Schilder and Michael Killourhy advised Atlantic Alliance Partnership Corp with New York firm Ellenoff Grossman & Schole LLP.  Weil Gotshal & Manges LLP acted for the underwriter, Citigroup.