Insights
Search Results
News Articles
12.16.21
Wilson Sonsini Receives Honorable Mention in The American Lawyer's 2021 Litigation Department of the Year Recognitions
On December 14, 2021, The American Lawyer published a list of Honorable Mentions for the nationwide 2021 Litigation Department of the Year recognitions. Wilson Sonsini was profiled among the eight firms deserving of honorable mention.
Client Highlights
11.02.21
Wilson Sonsini Advises Bakkt Holdings on Business Combination with VPC Impact Acquisition Holdings
On October 15, 2021, Bakkt Holdings, LLC, the digital asset marketplace founded in 2018, announced that it has completed the previously announced business combination with VPC Impact Acquisition Holdings, a special purpose acquisition company. The combined company now operates as Bakkt Holdings, Inc., and Bakkt’s shares of Class A common stock and warrants began trading on the New York Stock Exchange under the ticker symbols “BKKT” and “BKKT WS”, respectively, starting Monday, October 18, 2021. Wilson Sonsini Goodrich & Rosati advised Bakkt on the transaction.
Alerts
7.15.21
SEC Announces Enforcement Action Relating to Proposed De-SPAC Transaction
On July 13, 2021, the U.S. Securities and Exchange Commission (SEC) announced a settlement with special purpose acquisition company (SPAC) Stable Road Acquisition Corp. (SRAC), its CEO, its sponsor, SRC-NI, and SRAC's proposed merger target, Momentus Inc. (Momentus). This announcement marks the SEC's first SPAC-related enforcement action and settlement since its April 2021 statements indicating a heightened focus on SPACs and de-SPAC transactions.
Client Highlights
6.27.19
Aerohive Networks to Be Acquired by Extreme Networks
On June 26, 2019, Extreme Network, a software-driven networking company headquartered in San Jose, California, and Aerohive Networks, a pioneer in cloud-managed networking, announced that they have entered into a definitive agreement under which Extreme will acquire all of the outstanding shares of common stock of Aerohive at a price of $4.45 per share in cash, representing an aggregate purchase price of approximately $272 million.