Cadwalader Advises Mason Industrial Technology on $450 Million SPAC IPO

January 29, 2021

Cadwalader is advising Mason Industrial Technology, Inc., a special purpose acquisition company (SPAC), on its $450 million initial public offering of 45 million units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange beginning January 29, 2021 under the ticker symbol “MIT.U.”

Mason Industrial Technology is sponsored by Mason Industrial Sponsor, LLC, an affiliate of Mason Capital Management LLC, a New York-based hedge fund active in public company, private company, event-driven, credit, shareholder activism and distressed investments. Mason Industrial Technology was formed for the purpose of executing a business combination in the industrial technology, advanced materials or specialty chemicals industries.

The Cadwalader team is led by Corporate partners Stephen Fraidin and Greg Patti and includes associates Gerard Hart, Chelsea Donenfeld and Frank Bozzi, Capital Markets partner Peter Morreale, and Tax partner Jason Schwartz and associate Alissa Kalinowski.

CadwaladerNews

CadwaladerSpotlight

Our latest podcast covers the legacy of the “Car Wash” investigation and how Brazil fits into the global landscape of white-collar crime enforcement.

To assist individuals in working from home during the coronavirus social-distancing period, Cadwalader is providing clients and friends free access to our legal research platform, the Cadwalader Cabinet.