Niral Shah 

Associate – New York
T.+1 212 504 6235
200 Liberty Street
New York, NY 10281 V-CARD

Niral Shah is an associate in the Corporate Group in Cadwalader’s New York office. His practice is concentrated in the area of corporate law, with an emphasis on mergers and acquisitions, securities law, shareholder activism and defense, and corporate governance. Niral has worked at the center of Cadwalader’s special purpose acquisition company (SPAC) practice, including as a member of the team that was recognized as “Dealmakers of the Year” by The American Lawyer for representing Pershing Square Tontine Holdings in its groundbreaking $4 billion IPO, and has led clients through the complete SPAC process – from IPO to business combination. In addition to SPACs, Niral represents both public and private companies, financial sponsors and investment managers in a wide range of transactions, such as public and private mergers, acquisitions, securities offerings, tender offers and other complex corporate transactions. Prior to joining Cadwalader, Niral was an associate at a prominent international law firm where he specialized in public company governance and securities law.

Niral received his B.A., cum laude, with dual degrees in Economics and Government from Dartmouth College, and his J.D. from New York University School of Law, where he was a Law & Economics Scholar and served as Executive Editor of the Journal of Legislation and Public Policy.

  • Pershing Square Tontine Holdings, Ltd. in its $4 billion initial public offering – the largest-ever IPO by a special purpose acquisition company (SPAC)
  • one in its $2.1 billion business combination transaction with MarkForged, Inc.
  • Thoma Bravo Advantage in its $1 billion initial public offering 
  • two in its $200 million initial public offering
  • Ashford Inc. in its $275 million combination with Remington Holdings
  • The Howard Hughes Corporation in a Rule 144A/Reg S offering of $750 million aggregate principal amount of 5.375% senior notes
  • Wheeler Real Estate Investment Trust in its “modified Dutch auction” cash tender offer for its outstanding 8.75% Series D Cumulative Convertible Preferred Stock