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Dec. 11, 2023

Nelson Mullins Represents Blue Gold Holdings Ltd. in SPAC Merger with Perception Capital Corp. IV

WASHINGTON – Nelson Mullins represented Blue Gold Holdings Ltd. (“Blue Gold”) in its special purposes acquisition (“SPAC”) merger with Perception Capital Corp. IV (“Perception”). The merger, which is expected to occur in the second quarter of 2024, is valued at $114.5 million.

The Nelson Mullins deal team consists of partners Andrew Tucker, Rebekah McCorvey, and Wells Hall; of counsel Deepan Patel; associates Jon Anderson and Fady Ghaly; and law clerk Jerry Dei.

Blue Gold, which is based in the U.K., was initially formed with the goal of acquiring Tier 1 gold mining assets. Its initiatives are focused on the Ashanti gold belt in Ghana.

Read more information here.