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January 29, 2021
Cadwalader advised Mason Industrial Technology, Inc., a special purpose acquisition company (SPAC), on its $500 million initial public offering. The company’s shares began trading on the New York Stock Exchange under the ticker symbol “MIT” on January 29, 2021.
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.